Southern Grand Marina

Special Purpose for Sale
Catylist Listing ID: 30339932
Property Subtypes: Marina
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Sale Price: $1,495,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2019

Overview / Comments

Great business and investment opportunity to own a marina, storage, and maintenance operation! This Property has all the amenities of a larger marina but adapted to a small tight-knit community. Featuring great slips, a pool, bathrooms and community area, this 78-slip marina currently has a waiting list of over 35. This value-added opportunity has plenty of room for possible future expansion. It has gross revenues in excess of $300,000+ a year and nets close to $150,000. This family owned operation is a great opportunity for someone to work and live the marina life and make a great living doing it.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ottawa
Taxing Authority: Robinson Township
Tax ID/APN: 70-08-01-100-052
Total Number of Buildings: 3
Year Built: 1961

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,629 17,091
Median Age: 38.95 37
Households: 1,933 5,871


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