6159 S Dune Harbor Dr - Marinas FOR SALE


Portage, IN 46368
$4,950,000 USD
954-298-7703
6159 S Dune Harbor Dr, Portage, IN for Sale
$4,950,000 USD
Marinas - FOR SALE
1/54
null | Request Cap Rate

6159 S Dune Harbor Dr
Portage, IN 46368


HIGHLIGHTS

  • Waterfront bays
  • Restaurtant

OVERVIEW

A Unique Waterfront Business Opportunity. For Sale: The Marina Basin (water and submerged lands only – approx. 17 acres) and the Marina Store, Offices and cleaning station (including the underlying real estate – in fee) located on North side next to the fuel dock where entering the basin. Parking is located on the north side of the basin and is shared with the residents at the development. Buyer is purchasing all of the floating docks, the pedestals, the ramps, the pilings and all other assets attached to or resting upon the floating docks that are not owned by customers or other third parties. This Marina is located 30 miles southeast of Chicago and is situated on the south end of Lake Michigan in its own protected harbor. Adjacent multi-family housing development continues to be added to the overall development providing more and more customers and enhanced appeal to the boating public. In addition to the boat docks, there is continuing expansion of the PWC demand for storage along with increasing fuel sales. An Association manages the overall property and will collect fees for customer use of public areas. Currently the Restaurant, Bars, and Fitness Center are operated by a 3rd party who is committed to the continual improvement, upgrade, and profitability of the facility which contributes greatly to the ambiance and enjoyment of the boating public. The Restaurant, Bars, and Fitness Center are a major draw for those who love the waterfront.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Marina Shores at Dune Harbor

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

339

LAND DETAILS

LAND ACRES

65 AC

LAND SF

2,831,400 SF

ZONING

Marina / Res / PD

APN/PARCEL ID

64-02-36-176-007.000-016

ASK ABOUT THIS PROPERTY

Rick RoughenKW CommercialMore Info
954-298-7703

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Rick RoughenKW CommercialMore Info
954-298-7703

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