Contact us for a complimentary strategic consultation and preliminary valuation

Marina Sold: Bahia Marina & Docks Store – Texas

Price: $1,900,000
wheel

Overview

This offering is currently Under Contract.

This is a rare opportunity to acquire an absentee owned and operated marina on Corpus Christi Bay with direct access to the Gulf of Mexico. The marina is situated at the canal entrance to Ingleside on the Bay, Texas. In business since 1966, the marina enjoys full occupancy and provides hands-off income to the current absentee owner. Current profit centers include slip rentals, a five unit apartment building and a third-party leased restaurant/convenience store building. Marina amenities include a pool, bathhouse with showers, and a laundry facility. The marina has a popular open-air concert venue, providing a friendly and fun atmosphere. New ownership can find plenty of upside in using or re-purposing the currently vacant multipurpose workshop/storage building.

Local Broker of Record:
Lynn Blakeley
Blakeley Commercial Real Estate
4040 Broadway, Suite 240
San Antonio, Texas 78209
210.724.5111
lynn@blakeleycre.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

  • 45 fixed wooden slips separated by finger piers and wooden pilings
  • Approximately 3.785 acres fee simple
  • Approximately 1700 linear feet of concrete bulkhead
  • Slips sizes vary in size, and are able to accommodate boats from 20 ft to 50 ft in length, and up to 17 feet abeam. Two slips are double-wide to accommodate catamarans up to 25 feet wide
  • Boat ramp
  • All slips have city water
  • 24 slips have 30 or 50 amp electric service, individually metered
  • Two transient slips with 30/50 amp electric service
  • One, five-unit apartment building
  • 1-1 bedroom 1 bath (900 sq ft); 4 2-bedroom 1-1/2 bath (1200 sq ft)
  • One 40x60 multipurpose workshop/storage building
  • One 400 sq. ft. restaurant/convenience store building
  • One bath house/restroom building with two restrooms and two showers
  • One laundry facility with one washer and one dryer
  • Open air concert venue with 8x12 palapa stage
  • General business zoning
lighthouse

The Opportunity

  • Re-introduce fuel service. Historically, there was a fuel sales operation at the facility. Texas GLO will be cooperative in permitting.
  • Utilize the boat ramp and introduce quick-hall for boats in the 35’ range
  • Introduce a boat rental fleet
  • Introduce service and repair
  • The currently underutilized 40/60 storage building could be re-purposed for self-storage or boat shop.

Map

           

Contact us for a complimentary strategic consultation and preliminary valuation.

A. Michelle Ash
Principal
(305) 439-9581
ash1@simplymarinas.com
George Ash
National Director
(352) 262-5784
george.ash@simplymarinas.com