15 Atlantic Ave - Marinas FOR SALE


Wachapreague, VA 23480
$2,400,000 USD
239-443-9161
15 Atlantic Ave, Wachapreague, VA for Sale
$2,400,000 USD
Marinas - FOR SALE
1/16
null | Request Cap Rate

15 Atlantic Ave
Wachapreague, VA 23480


HIGHLIGHTS

  • Prime Waterfront on Wachapreague Channel with Atlantic access.
  • Established eco-tourism and sportfishing destination.
  • Limited marina inventory in the Mid-Atlantic region.
  • Close to major markets like Norfolk and Virginia Beach.

OVERVIEW

A rare opportunity to acquire a fully entitled, shovel-ready marina on Virginia’s Eastern Shore. Located on over 3 acres of uplands and submerged land along the protected Wachapreague Channel, 15 Atlantic Ave features approved permits for redevelopment. Permits are in place, allowing immediate commencement of construction or improvements. This property is primed for investors or operators seeking a ready-to-go project in one of the East Coast’s most active sportfishing and eco-tourism hubs. With direct access to the Atlantic Ocean and proximity to the barrier islands, the site is ideal for both commercial and recreational marine uses. Seller will consider owner financing or possible JV.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seaside Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,604 SF

ZONING

-

APN/PARCEL ID

113-A0-06-00-A000-00

ASK ABOUT THIS PROPERTY

Paul MorrisLighthouse Realty Of IslandsMore Info
239-443-9161

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Paul MorrisLighthouse Realty Of IslandsMore Info
239-443-9161

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