Contact us for a complimentary strategic consultation and preliminary valuation

Marina Sold: Confidential Coastal Marina – ID SM100

Price: $37,000,000
wheel

Overview

First-class wet slip marina in a great urban location, with full amenities, a high-volume restaurant and multiple third-party tenants.

Confidential Northeast Coastal Marina - ID SM100 is an iconic fixture in the area. This is a rare, first-class wet slip marina with a resort-like setting. The marina is impeccably maintained with all floating docks recently built and installed. The high-volume restaurant and banquet facility are recently renovated. The facility has a fuel dock, pump-out, haul-out capability and multiple third-party tenants.

 

Highlights

  • 100% Occupancy with a wait list
  • Full service marina
  • 140 wet slips (impeccable condition)
  • Winter land-side boat storage
  • Haul & Launch capability
  • 4+/- gross fee simple acres
  • Multiple third-party tenants
  • Public sewer, electric and water
  • Great urban location
  • Full amenities
lighthouse

The Opportunity

An owner can benefit from the following as a means of increasing revenue.

  • Incremental rate increases – the facility is currently and historically at full occupancy
  • Introduce a boat rental fleet
  • Offer in-house boat brokerage
  • Increase service and repair activity

 

For More Information

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