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Marina for Sale: Confidential Long Island NY Full Service Marina – ID: SM 77

Price: $12,500,000.00
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Overview

Confidential Long Island NY Full Service Marina - ID: SM 77

This is a rare opportunity to acquire a successful, long-running full service marina, adjacent to a major MSA. Sitting on 4+/- fee simple acres in one of the United States’ most densely populated regions, the facility boast 250+/- floating slips and land-side winter storage for over 200 boats. The business offers a long-running, robust wholesale parts department with a busy service and repair component, along with a boat and motor dealership. The facility is also home to a popular fuel dock/bait & tackle shop. The fuel dock/bait & tackle shop is currently operated by a third-party tenant.

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

  • 4+/- Dry acres – fee simple
  • Proximity to a major Eastern Seaboard MSA
  • 250+/- Slips
    • All well maintained floating docks w/ water and electric
    • Large slips have 30-amp service
    • Consistently full occupancy
  • Land-side boat storage for over 200 boats
    • Consistently full occupancy
  • Gross income is around $9mm
  • Large parts department (mostly dealing in wholesale)
  • Boat and Motor Dealership
    • Indoor/outdoor showroom
  • Gas and Diesel Fuel Dock with Bait/Tackle Shop
    • Third-party tenant in-place

 

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The Opportunity

An owner can benefit from the following:

  • High land value with future development potential
  • Rate increases - consistently at 100% occupancy with a wait-list
  • Introduce a boat rental fleet

For More Information

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