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Highway D
Wappapello, MO 63966

$1,800,000

Marina For Sale  •  10,500 Sq Ft

Property Details

  • Property Type Marina
  • Total Building Size 10,500 Sq Ft
  • Lot Size 1.5 ac
  • Building Class B
  • Year Built 1976
  • Cap Rate 12.00 %
  • Zoning MARINA,RESIDENTIAL,RETAIL
0 Transit Score
3 Walk Score

Description

Property is located off of HWY D a very busy road with great signage visibility. The main buildings sit on the Fee Simple Piece of property, this is where the boat sales and parts department is located. There is a large store with all kids of boating and fishing equipment as well as beverages & snacks also beer sales. This building has a couple of offices /  large show room for boats as well. The 8000 gallon gas tank is located on this piece of property along with the inventory of New Boats. Located down the hill is the 100 Covered Boat Slips with the gas dock and boat store. This location is where the pontoon rentals are located, this harbor is well protected from storms.

Highlights

Marina has 100 covered slips 100% occupancy/ Expansion for 100 more with Army Core Approval
Electrical on docks updated 2016/ Boat Store newly built in 2013///// Pontoon Rentals
8000 gallon above ground gas with 3 Emergency Shut Offs. Gas located at boat store dock
Marina building is 1.5 acres of uplands owned fee simple /// Docks and Boat Store located on the water, Army Core Leased Property.
Marine and Marina protected by security cameras/ 24/7 online security
"LOWE BOATS" EXCLUSIVE 7 COUNTY DEALERSHIP /// AWARD WINNING DEALER YEAR AFTER YEAR

Property Flyers

Financial Summary (Actual)

Net Operating Income: $216,691 (2018)
Cap Rate: 12.00 %
Total Expenses: $1,018,450

Amenities

  • Air Conditioning
  • Property Manager on Site
  • Signage
  • Storage Space
  • Waterfront

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Edward Dingman 847-987-6626 National Golf and Marina Properties Group
Edward Dingman 847-987-6626 National Golf and Marina Properties Group