This Property is no longer advertised on Showcase.com.
Off Market
1/7

2012 Glen Cove Rd
Vallejo, CA 94591


HIGHLIGHTS

  • Marina with 187 rental slips and a unique waterfront event venue called The Lighthouse
  • One of the few marinas in California with a fee simple basin
  • Only a short drive from Napa Valley Wine Country
  • Excellent boating location with access to San Francisco Bay and the Delta
  • Revenue almost exclusively derived from rental of slips and The Lighthouse facility’s banquet room and its two lawns
  • In-place cash flow with several opportunities to increase revenue

OVERVIEW

The Collier’s Leisure Property Advisors team is please to exclusively offer for purchase Glen Cove Marina and the Lighthouse, a premier waterfront event venue. Glen Cove is located in a protected, fee simple (versus leased) basin just off the Carquinez Straight, a waterway that connects the northern part of San Francisco Bay and the Delta. By land, this beautiful property is situated only half-hour south of the world-renowned Napa Valley Wine Country and even features extensive landscaping including a merlot vineyard lending to the atmosphere. Because Glen Cove generates most of its revenue from rental activity (slips and rental of The Lighthouse facility for events such as weddings) it is ideal for a buyer looking for a marina that does not require special expertise to operate. Broker of Record: Todd Severson

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Glen Cove Marina & The Lighthouse Event Venue

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

7722

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

17 AC AC

LAND SF

740,520 SF

ZONING

-

APN/PARCEL ID

0079-340-700