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Elk River, Elkton, MD
PRICE: $1,850,000


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ELK POINT MARINA


An offering of 77 total acres and owner financing. The site consists of 22 acres zoned marine commercial and 55 acres zoned agricultural/residential. Formerly, the marina offered 40 wet slips and stored 80 to 100 boats during the winter in a 42,000 square foot building and exterior land area. There were previously prepared plans to develop the marina portion of the land into 400 plus wet slips and 300 plus indoor dry stacks. There is virtually unlimited parking and sufficient land area for sales, service, clubhouse, pool and restaurant. The residential portion has potential to be developed into single and multi-family housing. The owner will finance $1,200,000, 7% interest only for 5 years.

Details of this Elkton Marina For Sale
MARINA NAME: Elk Point Marina ADDRESS: Elk River
CITY: Elkton STATE: MD
TERMS: Financing PRICE: $1,850,000
MLW DEPTH: Variable ACREAGE: 77
ZONING: MC and AR BUILDINGS: Yes
MARINE STORE: N/A FUEL DISPENSING: N/A
HAULING CAPACITY: N/A BOAT SALES: no
BOAT BROKERAGE: no BOAT RENTALS: no
MARINE SERVICE: no PARTS: no
WINTER STORAGE: yes RESTAURANT: no
ON SITE RESIDENCE: no SLIP/RACK SALES: no
PARKING SPACES: off street OTHER PROFIT CENTER: possible
FINANCING AVAILABLE: yes AREA/ON-SITE AMENITIES: : marine
EQUIPMENT INCLUDED: no STATUS: Active