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Marina For Sale • 12,200 SF
Class-A wet slip marina for sale in a prime West Coast MSA Shelter Cove Marina is an iconic fixture on North San Diego Bay's America's Cup Harbor. This is a once in a lifetime opportunity to acquire a marina in one of the most desirable boating markets in the Unites Sates. Shelter Cove Marina is a first-class wet slip marina that is absentee owned and turnkey. The marina derives nearly all of its income from slip rentals and multiple commercial tenants. This is a rare, truly passive, marina investment opportunity. Michelle Ash, Marina Investment & Marketing Adviser SIMPLY MARINAS 4000 Ponce De Leon Blvd, Suite 470 Coral Gables, FL 33146 ash1@simplymarinas.com 305-439-9581 Eric Israel, Broker of Record Virtual Realty Group Inc. CA License #: 01412095 92 corporate park. Suite 744 Irvine, CA 92606 TeamVRG@gmail.com 949-302-8100
| Shelter Cove Marina holds ownership of the master lease with the San Diego Unified Port District. There is no fee simple land associated with the sale |
| Vast majority of income is derived from slip and commercial tenant leases |
| Absentee owned with management in-place | Certified as Clean Marina |
| 161+/- Floating Construction Recreational Boat Slips | Approximately 6,100 linear feet of dock space |
| Commercial business tenants - 12,000 sq. ft. commercial building (6,000 sq. ft. leasable) |
| Slip occupancy is estimated at 98% with a waiting list at certain slip sizes |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 9 min | - | 3.9 mi |
| San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 10 min | - | 4.9 mi |
| Airport | Drive | Walk | Distance |
| San Diego International | 12 min | - | 4.7 mi |
George Ash
Michelle Ash, Simply Marinas
George Ash
Michelle Ash, Simply Marinas
