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Marina for Sale: Grafton Harbor Marina – Illinois

Price: $6,750,000
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Overview

This is a rare opportunity to acquire a highly regarded, impeccably maintained marina facility with a strategic location on America's Great Loop at the confluence of the Mississippi and Illinois Rivers. Consistently at full occupancy, the marina is popular among both long-term and transient guests, offering a host of resort-style amenities. The marina houses a gorgeous indoor/outdoor floating restaurant space long-term leased to a popular operator, and a floating ship's store that is well stocked with essential items, boat parts, gifts, beer and liquor. The floating ship's store is also home to the popular Grafton Harbor Floating Winery, where the owner's sell their proprietary labeled wines. Situated in the center of historic Grafton, the marina is in walking distance to many local restaurants, shopping, entertainment, biking/hiking trails and so much more. Grafton Harbor Marina is one of the most dominant marinas in the area. This is truly a five-anchor marina.

Broker Of Record: Coldwell Banker Paslay Realtors

508 Bethalto Dr, Bethalto, IL 62010

Highlights

  • Pristine facility with no deferred maintenance
  • Consistently near full occupancy - approx. 228 boat slips + 40 PWC slips
  • Strong demand for additional boat storage. Rack storage building is feasible
  • Booming transient dockage business
  • Boat rental fleet
  • Very popular restaurant leased to a successful, reputable restaurant group
  • Commercial lease income | Strong Restaurant and PWC rental business tenant
  • Amenity-rich marina facility
    • gas & diesel
    • sanitary pump-out at each slip
    • water, electric, WIFI and satellite
    • floating swimming pool and hot tub
    • private shower suites
    • laundromat
    • ship's store and gift shop
    • gated concrete docks
  • Favorable 200-year lease
  • Top destination marina in the area
  • Popular tour boat business
  • Fuel sales
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The Opportunity

The marina offers a variety of opportunities for growth. With occupancy consistently near capacity, there is a demand for additional wet slips and construction of a rack storage building. Reconfiguring D-Dock will accommodate more small boats. Offering mechanical service would provide additional revenue potential. Purchasing a larger tour boat would benefit marina operations as the sellers believe there is strong demand to sell more tickets and book larger private tours. A vacant upland parcel is available (not included in price).

Location

Grafton Harbor Marina is perfectly situated on Mile Marker zero of the Illinois River and Mile Marker 218 of the Mississippi River. Located in the center of historic Grafton, the marina is in walking distance to many local restaurants, shopping, entertainment, bike/hiking trails and so much more. The marina itself, is home to one of the area's most popular floating restaurants. All of these factors make Grafton Harbor Marina one of the most popular stay-overs for "Loopers" continuing on to the Mississippi River.

Grafton is the oldest city in Jersey County, Illinois. It is a part of the Metro-East region and the St. Louis MSA. The city of Grafton's main industry today is tourism. It is a popular destination for residents of neighboring towns, riders on the Sam Vadalabene Bike Trail, drivers on the Meeting of the Great Rivers National Scenic Byway, and boaters on the great loop. Bed & breakfast inns and guest houses scattered throughout the town offer views of the river. Grafton offers many recreation opportunities, including the popular Raging Rivers Waterpark as well as ziplines, biking, hiking, fishing, horseback riding and more at Illinois' largest state park – Pere Marquette State Park. The area remains active throughout the seasons.  The fall season calls travelers to enjoy the burst of colors along the byway and take part in the annual Grafton Art Fair and the Grafton Rendezvous. And, as many towns begin to hibernate for the winter, Grafton comes alive with eagle watchers eager to catch a glimpse of the hundreds of American Bald Eagles that call Grafton Home.

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For More Information

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