Marina for Sale: New York Coastal Marina Offering ID: SM78
Overview
Confidential NY Coastal Marina - Offering ID: SM78
This is a rare opportunity to acquire a successful, full-service coastal New York State marina. This legacy marina has been in operation for more than 50 years under the same ownership. The marina sits on fee simple land, within a major population center, in one of the best boating destinations anywhere in the United States.
The marina currently has 100+/- wet slips can that can accommodate boats up to 75’. Slip occupancy is currently and historically full, and there is a 30+/- slips expansion project in progress. In additional to floating wet slips, the marina offers land-side winter storage, diesel and gasoline sales. There is also a long-running and highly reputable service and repair department. Excess vacant fee simple upland offers future marina or multi-family development. The marina offers a stable and secure location in a harbor that is well protected from inclement weather.
Local Broker of Record:
Janell Vanegas
Venture Brokerage Group
2815 Monroe Avenue
Rochester, New York 14618
585.615.1102
janell@venturebrokeragegroup.com
Marina Marketing and Investment Adviser:
George Ash
Simply Marinas
4000 Ponce De Leon Blvd, Suite 470
Coral Gables, FL 33146
352.262.5784
george.ash@simplymarinas.com
Highlights
- 130+/- floating wet slips with water, Wifi, and electric
- Deepwater slips that can accommodate boats up to 75’
- Winter storage (wet and dry)
- Currently and historically at/near full occupancy
- Boat hauling, service and repair
- Fuel dock offering gas and diesel sales
- Fee simple land in a growing and highly desirable MSA
The Opportunity
- Incremental rate increases (currently and historically at/near full occupancy)
- Land is owned fee simple
- Vacant upland with marina or multifamily development potential
Contact us for a complimentary strategic consultation and preliminary valuation.
