2.07 Acre Successful Bayfront Marina For Sale With 600' Of Waterfront, 42 Boats Slips, 3 Bedroom Bayfront House, 5,000 Sqft. Workshop, Dry Winter Storage For 100+ Boats, +++!!! The Property Is Zoned Waterfront Development/ J-2. This Property-Business Combination Offers Excellent Net Profit ($271,863) & Ample Upside Potential. Some Additional Items Included In The Sale: 2 Travel Lifts, Bobcat, Forklift, Many Tools, +++!!! New LED Lighting Has Been Installed Around The Marina. The Sunrises & Sunsets At This Location Are Honestly Breathtaking.
The 3 Bedroom House Features A Beautiful Eat In Kitchen, A Formal Dining Room, A Large Den, A Great Room, +++! Every Room In The House Has A Stunning Waterfront View!
The Property Also Has A Marine Supply Store, Multiple Workshops, Canvass Shop, Tetherball Court, Volleyball Court, A Few KOI Ponds, Ample Parking, Gazebo, +++! This Marina Has Been Operating Successfully For Over 49 Years!!!
This Is Also An Incredible Redevelopment Opportunity!!!
Income:
42 Wet Boats Slips: $75,000
Winter Storage: $100,000
Motorwork: $80,000
Canvass Work: $50,000
3 Bedroom Bayfront House: $28,800 (Available For New Owner)
Gross Income: $333,800
Expenses:
Oil: $1,000
Electric: $4,500
Maintenance & Repairs: $15,000
Insurance: $6,000
Taxes: $21,687
Additional Village Taxes: $0
Water: $750
Garbage: $3,000
Miscellaneous: $10,000
Total Expense: $61,937
Matthew Shane
All Island Commercial
