Marina for Sale: Full Service Northeast Freshwater Marina (Marina Offering ID: SM300)
Overview
Known as one of the Northeast’s premier inland, freshwater, marina facilities for heated storage and service, the marina sits on more than 9 acres of fee-simple real estate. It can accommodate larger boats up to 80’, featuring more than 1,600’ of dockage.
The marina includes two heated storage buildings, with capacity to accommodate approximately 220 boats, and a large paint booth, all providing 12 months of service revenue.
Marina ownership has existing expansion plans to add another large storage building, which will have the potential to add approximately $200,000 in additional storage and service revenue.
This is an attractive investment opportunity due to the marina’s high-quality facilities, well renowned standards, full year-over-year storage capacity (with a wait list), storage revenue and indoor storage expansion plans.
Highlights
- Inland/freshwater marina
- The Marina sits on over 9 acres owned in fee simple
- 1,600’+ for transient dockage that accommodates 36+/- boats averaging 50-80’ with 12’ depth
- Paint booth
- Two heated storage buildings that accommodate around 220 boats allowing for up to 12 months of storage and service income
- Full occupancy with a wait list
- Multiple above ground fuel tanks
- Large travel lift, large fork lift, and multiple hydraulic trailers - Purchased new and owned free and clear
- Plans to add an additional storage building expected to add $200 K in storage income and service revenue
- Uniquely positioned facility, specializing in servicing of large boats
The Opportunity
- Year-over-year storage occupancy is full, with a wait list
- Expansion Potential
- Expansion plans are in place to add a 25,000sf heated storage building
- Expansion can provide for approximately $200,000 in additional storage income plus service revenue
- Additional waterfront parcels are available for expansion of waterfront dockage and/or residential development
- Excellent, long-standing operating staff will make for a smooth transition and continued successful operation.
Contact us for a complimentary strategic consultation and preliminary valuation.
