Contact us for a complimentary strategic consultation and preliminary valuation

Marina for Sale: Confidential Maryland Full Service Marina – Offering ID: SM417

Price: Unpriced
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Overview

Maryland Full Service Marina - Confidential MD Marina - Offering ID: SM417

This is a rare opportunity to acquire a successful, long-running full-service marina in Maryland. This popular Chesapeake Bay boating location offers convenient highway access to major cities.

The facility sits on 10+/- park-like acres. There are Over 240 fixed wooden docks for boats ranging from 25’ – 70’, as well as dry boat storage for over 200 boats. Amenities offered at the marina include a swimming pool, bathrooms/showers, laundry, captain’s lounge, picnic areas, WiFi, and pumpout connects throughout the docks. There is an office/retail building, a large residential home, a multiple-bay service and repair building, and a boat parts building.

The service and repair business, as well as the dry storage yard and haul/launch are operated by a reputable third-party commercial tenant.

Under the current business model, the vast majority of income at the marina is derived from boat storage leases and third-party commercial tenant lease, making it feasible for absentee ownership.

 

Local Broker of Record:
Rick Leipold
Milestone Commercial Realty
216 E. Pulaski Highway, Suite 215, Elkton, MD  21921
RLeipold@milestonecr.com  |  410.620.5115

Marina Marketing and Investment Adviser:
George Ash
Simply Marinas
4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146
george.ash@simplymarinas.com  |  352.262.5784

Highlights

  • Management in-place
  • Vast majority of revenue is derived from boat storage and third-party commercial tenant
  • Over 240 Fixed Wooden Slips
    • Each slip has individually electric
  • 200+/- boat capacity dry storage yard
  • Dry yard storage, haul/launch, and service and repair are operated by a reputable third-party commercial tenant
  • Site area is approximately 10 acres
  • Office/retail building
  • Multi-bay service and repair building
  • Repair/Parts
  • Large Residence – Completely renovated in 2010
  • Fuel Dock
  • Various major yard equipment
  • Boat rental fleet
  • Amenities
    • Pool
    • Poolside bar
    • Bathrooms/showers
    • Laundry
    • Captain’s lounge
    • Picnic areas and dock walk areas
    • WiFi
    • Pumpout
    • Security gate
           

Contact us for a complimentary strategic consultation and preliminary valuation.

Michelle Ash
Principal
(305) 439-9581
George Ash
National Director
(352) 262-5784