OPERATING MARINA!
Industrial
for Sale
| Catylist Listing ID: |
30722456 |
| Property Subtypes: |
Food Processing, Free-Standing, Industrial-Business Park
|
| Building Size (RSF): |
73,252 SF
|
| Sale Price: |
$5,750,000 |
| Unit Price: |
$78.50 PSF |
| Property Use Type: |
Investment, Business |
| Building Name: |
OBX Marina |
| Usable Size (USF): |
73,252 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/10/2021 |
Overview / Comments
|
IRREPLACEABLE OPPORTUNITY to own a marina on the Outer Banks, with a very short run to world class fishing out of Oregon Inlet. There is not another site from Norfolk to Morehead that can duplicate this operating marina with 110 dry stack slips, 40 outside storage racks, and 50 wetslips, plus the ability to expand all of the above. (a buyer would want to consider expansion, since there is a waiting list for all slips) Also included is the Dolphin Tour Boat and business, the Tiki Bar business, and 5 leased buildings other than the operating marina that generate substantial annual income as well. The marina is located within the Wanchese Seafood Industrial Park and currently has central water, with central sewer being installed soon. All the buildings are located on land that is leased from the State of NC, at very affordable and below market rates. The value of the marina is based on cash flow and future potential.
|
Additional Details
| Nearest MSA: |
Kill Devil Hills |
| County: |
Dare |
| Tax ID/APN: |
070705193586A7 |
| Zoning: |
NONE |
| Tenancy: |
Multiple Tenants |
| Property Condition: |
Good |
| In Flood Plain?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,759 |
2,105 |
5,722 |
| Median Age: |
41.25 |
42.61 |
41.22 |
| Households: |
731 |
900 |
2,414 |
|
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