419 N Washington Ave - Marinas FOR SALE


Titusville, FL 32796
$9,950,000 USD
954-298-7703
419 N Washington Ave, Titusville, FL for Sale
$9,950,000 USD
Marinas - FOR SALE
1/14
null | Request Cap Rate

419 N Washington Ave
Titusville, FL 32796


HIGHLIGHTS

  • Appox. 130 spaces to block vessels on land
  • Appox. 65 Wet Slips with amenities at dockside
  • Full service available through service tenant, or DIY

OVERVIEW

Westland Boatyard and Marina is located on the Intracoastal Waterway in Titusville, Florida. With approx. 65 wet slips, approx. 130 spaces on the hard covering approx. 6.2 acres of combined upland dry storage and wet dockage, the boatyard is very popular among DIY customers and yachtsmen who seek protected safe harbor and long term storage. The recently refurbished 50-ton Travelift hauls vessels up to 65' for surveys, bottom painting, storage, and service. Mechanical, fiberglass, gel-coating, maintenance and repair services are also available through a service tenant on site. The basin is well-protected with consistent draft of 8 to 10 feet. Prevailing depth in the Intracoastal and leading to the basin is 7 – 9 feet for excellent ingress and egress. There is discernible tide swing due to locks at Port Canaveral and distance to the nearest inlet (25 miles). A total of 3 staff members run the entire operation. Loyal and reliable customer base has been developed over many years. There is a perpetual waiting list for customers who want to bring their vessels in to the yard. Strong Value-add opportunities exist for any Buyer.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Westland Boatyard & Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

8.42 AC

LAND SF

366,775 SF

ZONING

CM, Titusville

APN/PARCEL ID

21-35-34-00-00508.0-0000.00,21-35-34-00-00529.0-0000.00

ASK ABOUT THIS PROPERTY

Rick RoughenKW CommercialMore Info
954-298-7703

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Rick RoughenKW CommercialMore Info
954-298-7703

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