Property Listing No Longer Available for Sale

230 Riverside Drive, North East, MD

Marina for Sale - $7,200,000 - 5,000 Sq. Ft.


Property Info

CIMLS#766529
Location
  230 Riverside Drive
  North East MD 21901
UpdatedDecember 16th, 2014
TypeMarina
Price$7,200,000
Building5,000 Sq. Ft.

Property Description

This highly profitable marina is just outside this quaint town with restaurants, antique stores, and much more. Located in a strong boating market. It is in perfect condition. Large boat store with huge inventory. Full service with long term employrees willing to stay. 180 wet slips, and 100 high and dry racks. Active new successful boat sales operation. New and used boats sold seperatly if desired.

Location Description:

The marina is located on the I-95 corridor in northeastern Maryland on the North East part of the Chesapeake Bay. The marina services boaters from Philadelphia to Baltimore as it is located midway between both cities.

Highlights:

>> 16.69 acre property located on the Chesapeake Bay

>> 180 Wet Slips

>> 100 High and dry rack storage with year round forklift service

>> Marina store, snack bar, laundry, and bathhouse

>> Full service marina with loyal customer base and high rental rate

>> Commercial offices and building on marina site

>> Optional residence available

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Financials

Sales Info:

>> Commision split: 3.0%