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N/A, N/A, FL
PRICE: $5,995,000


Marina Inquiry   Map this Marina

Indian River area of Florida


Fantastic Investment Opportunity - 300+ seat waterfront restaurant & bar, 29 slip marina with fuel, and 8 unit apartment complex with patios & phenomenal wide water views. The entire property is immaculate & in fantastic condition, 2015 restaurant sales exceeded $1.8 million. Sale includes 4 undeveloped parcels with grandfathered approved plans for 2 waterfront lots x 4 units plus 2 additional parcels with grandfathered site plane for 3 three story buildings with pool totaling 50,000 +/- sqft. Cap Rate on current Asking Price exceeds 7.7% For further information and Non Disclosure Agreement Call David Preston at 508 524 8827
Details of this N/A Marina For Sale
MARINA NAME: N/A ADDRESS: N/A
CITY: N/A STATE: FL
TERMS: Cash WET SLIPS: 29 (4 used for fueling / transient)
DRY RACKS: N/A PRICE: $5,995,000
MAXIMUM BOAT SIZES: 60 ft +/- OCCUPANCY RATE: Full
MLW DEPTH: adequate ACREAGE: 2.76 +/- acres upland and 13,589 sqft Submerged Land Lease with State of Florida
ZONING: CWR (Commercial Waterfront Residential) BUILDINGS: Building 1 is a 330 +/- seat 4,484 sqft waterfront bar / restaurant (50 % inside / 50 % outside on both bar and restaurant). Building 2 is a two storey 2,898 sqft unit connected to Building 1; upstairs is a captain’s efficentcy apartment. Building 3 is a 14,953 sqft three story 8 unit apartment / retail complex. Front retail office oveseas the marina, marina fueling area, while back office contains secuirty monitoring equipment and administrative records.
MARINE STORE: N/A FUEL DISPENSING: Double walled above ground fuel tank (2,400 gallons diesel and 1,200 gallons gasoline)
HAULING CAPACITY: N/A BOAT SALES: N/A
BOAT BROKERAGE: N/A BOAT RENTALS: N/A
MARINE SERVICE: N/A PARTS: N/A
WINTER STORAGE: N/A RESTAURANT: Yes - see building 1 above
ON SITE RESIDENCE: Yes SLIP/RACK SALES: N/A
PARKING SPACES: 190 + OTHER PROFIT CENTER: N/A
FINANCING AVAILABLE: N/A AREA/ON-SITE AMENITIES: : N/A
EQUIPMENT INCLUDED: Yes STATUS: Active