Positioned along the highly desirable North Shore waterfront in Danvers, this established marina presents a rare opportunity to acquire a stabilized, income-producing coastal asset with meaningful upside.
The property currently features 62 boat slips, catering to a broad range of recreational boaters. In addition to seasonal dockage, the marina generates supplemental income through outdoor winter boat storage, providing a valuable off-season revenue stream and enhancing overall cash flow stability.
This asset benefits from consistent seasonal demand, strong customer retention, and limited regional competition due to environmental and regulatory barriers that restrict new marina development. The current configuration supports steady in-place income, while offering investors the opportunity to increase per-foot slip rates, optimize storage utilization, and improve operational efficiencies.
With its scalable revenue model and multiple income streams, the property is well-suited for investors seeking a long-term hold with both cash flow and appreciation potential.