Well located on the ICW with quick, unencumbered, access to the Atlantic
This is a rare opportunity to acquire a full service rack storage marina on North Carolina’s Intracoastal Waterway with quick, unencumbered access to the Atlantic Ocean. The marina sits on approximately 7.91 gross fee simple acres (2.65+/- acres upland & 5.26 acres wetland/marshland). The facility offers 254 dry rack slips across a combination of an enclosed dry-stack building, a three-sided/covered dry-stack building, three open-air/uncovered dry-stack racks, and open-air/ground level racks.
Local Broker of Record:
Coldwell Banker Suncoast Partners
1430 Commonwealth Dr #102
Wilmington, NC 28403
Marina Marketing and Investment Adviser:
4000 Ponce De Leon Blvd, Suite 470
Coral Gables, FL 33146
An owner can benefit from incremental rate increases, as the facility is currently and historically at full occupancy. Converting the open-air racks to covered or enclosed racks will bring a an additional premium on rents. Additionally, a boat rental fleet can be introduced.