In addition to primary income from wet and dry storage, this full service marina has multiple income sources including boat sales, boat & engine repairs, parts sales, winterizing & shrink-wrapping, bottom cleaning, bottom painting, and retail tenants. Replacement cost to rebuild a facility of this size is around $5mm. The marina is established with a good customer base.
Marketed by A. Michelle Ash, Simply Marinas
Marketing and Investment Advisors
email@example.com | 305-439-9581
Local Broker of Record:
Inland Real Estate Commercial Brokerage, Inc.
2901 Butterfield Road
Oak Brook, IL 60523
Owners are retiring and have not invested in active marketing and improvements. Adding an active boat dealership would increase slip occupancy and service revenue. A new owner can also benefit from adding a few amenities to realize a higher value and upside such as: a swimming pool and patio near the river west of the restaurant building, a small water park feature for kids, in and out rack storage service for runabouts, an outside patio bar at the waterfront near the restaurant building, additional floating villas for purchase, and RV park, or “glamping” site. The following activities can be added as well: Arranging for a tour bus stop at the marina with Starved Rock Lodge with a layover promotion and providing a river tour boat at the marina with possible food & bar service.
Located approximately 1½ hours from major cities north (Rockford), south (Peoria, Bloomington), east (Chicago & Suburbs), west (Rock Island, Moline, Davenport, Bettendorf) on the most scenic section of the Illinois River, directly across the river from Starved Rock State Park & Lodge (largest state park in Illinois). 2- additional state parks within 2 to 5 miles away, as well as many dining, lodging, historical, and recreational attractions nearby. Some of the additional area activities available are: white water rafting, kayaking, biking & hiking trails horseback riding, and a championship 18-hole golf course within 5 miles. Access to I-80 and I-39, and no industry close by.