$8,350,000
The iconic Surf City Marina offers a rare opportunity to acquire a successful marina business with income derived primarily from boat slips and 3rd party commercial tenants. This is by far the most unique commercial property in Surf City because of the combination of large vacant land (C1 zoning) and approximately 439 linear feet of shoreline. With endless commercial income potential, the marina features 15 deep water wet slips, a fuel dock, a 900 sq ft store, and raw land to be developed. It is a popular destination for boaters, anglers, and tourists from all over. Gas stock includes a 10,000 gallon above ground non ethanol gas and diesel tanks with separate fuel dock. Property has the commercial waterfront designation that dramatically decreases setbacks. Owners have a new CAMA permit that allows 24 boat slips as of 08/2023.The marina is located in a prime location, the heart of ''downtown'' Surf City, and just minutes from the Atlantic Ocean/Surf City Pier. It is surrounded by a variety of shops, restaurants, and area attractions. This makes it a convenient and attractive destination for visitors. It features traffic from boats, cars, and foot traffic from patrons of the surrounding businesses. Property has commercial visibility from its road frontage on New River Dr (234 ft) and Roland Ave (331 ft). It is designated as Commercial Waterfront property to permit building right to the edge of the water and even over the water. Ask your agent for the Conceptual layout we have made available that features (three) 3,200 sq ft restaurants and (one) 105 bed hotel with adequate parking. The marina currently generates revenue from boat slip rentals, fuel dock rent, store rent, and occasionally as an event space. However, there are many opportunities to increase the marina's income and significant potential for growth. The new owner could expand the marina's amenities and develop additional commercial spaces. The marina could also be used to host events, such as boat shows, fishing tournaments, and concerts.
This is a once-in-a-lifetime opportunity to purchase a thriving marina located in the 2nd fastest growing county in NC according to the NC Office of State Budget and Management. If you are looking for a commercial investment that will generate a steady income and appreciate in value, then this marina is perfect for you. All additions to the property are subject to CAMA and city regulations, buyer to verify suitability of all proposed uses during due diligence.
100405852
MLS
412 Roland Avenue, Surf City
