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2200 Old Salem School Rd
Union Hall, VA 24176

$4,300,000 USD

Marina For Sale • 2,156 SF

Property Details

Property Type Marina
Total Building Size 2,268 SF
Lot Size 2.34 AC
Building Class B
Year Built 1993
Zoning B2

0 Transit Score

0 Walk Score

Description

Magnum Point Marina; anamazing marina on Smith Mountain Lake. Located at B 37 on the Blackwater River arm of SML. Come live the dream as an owner-operator or investor. There are only so many marinas at SML & here is your chance to own this well-known gem. Restaurant, fuel docks, 38 covered boat slips with lifts, day docks for dining, & a boat ramp for launching. The full-service marina is open year round & is well-known & respected. 700± feet of shoreline, 3,000gal fuel capacity. See attached sheet in Documents section on upgrades & repairs made. Owners have decided it's time to focus on another project & are offering this jewel to new ownership. To all patrons, nothing is changing other than the property is for sale. Come enjoy the quality food & beverage you have grown accustomed to and make sure to watch out for the wonderful entertainment throughout the Summer. Generating over $1.3 million in business each year over the last 3yrs.
P&L and financials available to qualified buyers with an NDA. Taxes, SF, and waterfrontage estimated by LA. Buyer & Buyer's agent to verify all information.

                
                    Highlights
                
                                Established Marina & Restaurant
                            
                                Open Year-round
                            
                                Waterfrontage and Docks