Waterfront Marina Investment 1003539
Midwest Region
$8500000
The marina benefits from an established marine repair and service operation, multiple revenue sources, and upgraded infrastructure. Its location within a thriving waterfront tourism region provides access to a large recreational boating market, with visitors returning year after year to enjoy fishing tournaments, island excursions, waterfront dining, and summer activities. The adjoining cottage development is not included in the marina sale but may be purchased as a separate business opportunity. Existing houseboat owners maintain access rights to their slips. With substantial waterfront frontage, recent capital improvements, an established business operation, and expansion potential, this property presents an attractive opportunity for an investor or owner-operator looking to capitalize on the continued popularity of Great Lakes recreation. Seller financing will be considered for qualified buyers.
Originally developed in the 1980s, the marina has undergone significant improvements, including new docks, shore power pedestals, and water supply upgrades completed between 2022 and 2025. Additional amenities include a 40,000-pound-capacity boat lift, sewer pump-out station, renovated bathhouse, boaters' lounge, and an on-site one-bedroom, one-bathroom owner/manager apartment with a full office and boardroom. The property offers commercial and residential zoning uses, with all marina land owned. There is also potential for additional slips, subject to necessary approvals, creating opportunities for increased dockage revenue and future growth.