510-300-0218
2394 Mariner Square Dr, Alameda, CA for Sale
Marinas - FOR SALE
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2394 Mariner Square Dr
Alameda, CA 94501
West Alameda


OVERVIEW

Completed in 1968, the Barnhill Marina & Boatyard, is located prominently on the Alameda waterfront with expansive views of Oakland’s Jack London Square, downtown, and picturesque Oakland hills. The property is comprised of multiple parcels totaling over 6.546 Acres spanning over land and water, and a unique 41-slip floating home marina with 16 boat slips. The land portion is approximately ±4.3 Acres and includes ample parking, offices, common areas for the marina tenants, container storage, mini-storage units, and an office/flex building. The property is zoned MX - Mixed Use, but in collaboration with the City of Alameda, the land portion could potentially be updated for a variety of uses including, commercial & residential, hospitality, self storage, and a variety of other residential, commercial or light industrial uses. The Marina The Marina portion of the property consists of 41 Slips for Floating Homes, and 20 Slips for Boats. Currently, all 41 Floating Home Slips and 16 boat slips are 100% Occupied. Four (4) of the Boat Slips are not rentable due to shallow water. The Marina was recently inspected and requires a large amount of updates to the infrastructure with short term and longer term infrastructure needs. A copy of the report is available as part of the Due Diligence package. The Land The “Boatyard”, or Landside portion, spans over approximately ±4.3 acres adjacent to the Marina from Mariner Square drive. The Posey Tube, an underwater tunnel connecting Alameda to Oakland, runs below the Western Portion of the property and may not be covered with a permanent structure by right of an easement. There are also several Utility easements adjacent to the Posey Tube, leaving the Eastern Portion of the property available for development.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barnhill Marina & Boatyard

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

M2-PD

APN/PARCEL ID

074-1363-003-00,074-1363-006-00

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Tom LimonNewmarkMore Info
510-300-0218

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Tom LimonNewmarkMore Info
510-300-0218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.