$1,000,000
$1,100,000
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10,240 SqFt
SOLD DATE : 09/03/2024
Key Details
Sold Price $1,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,240 sqft
Price per Sqft $97
MLS Listing ID S1496823
Sold Date 09/03/24
Construction Status Existing
HOA Y/N No
Year Built 1979
Annual Tax Amount $8,000
Lot Size 10.500 Acres
Acres 10.5
Lot Dimensions 350X658
Property Description
Rare opportunity to buy an incredibly well-established well-known premier Marina business in its 54th year! Martins Marina is now available for sale, and someone can just walk in and take over! Owners have prepared and maintained everything to get ready for a new owner. Property consists of 2 tax parcels; the main retail and shop building sits on 1.5 acres and the Hybrid 6400SF boat storage building sits across the road on 9 acres. Retail store and show room are 5100SF, shop with mezzanine 2400SF, smaller boat storage building 2800SF, 340' seawall directly on the water with a total of 400' of waterfront sitting at the head of Mud Bay! Solid revenue track record and equipment list on file for qualified buyers, no real competition close by, great opportunities for growth and expansion into jet skis/kayaks, more boat storage, snowmobiles etc. Currently well known for boat and dock sales, marine services, boat rentals, marine and fishing gear etc. and more. Large marine store in a great location! Owners are willing to help ensure a smooth transition to keep the well-known and reputable marina going strong in Cape Vincent! Call today! ** UPDATE, New 500 Gallon gas tank installed 2023
Location
State NY
County Jefferson
Area Cape Vincent-222889
Zoning commercial
Direction Located on Co RTE 6 at the head of Mud Bay before Huff rd and Snug Harbor Drive
Body of Water Mud Bay
Rooms
Basement None
Interior
Heating Propane, Oil, Forced Air, Space Heater
Flooring Concrete, Linoleum, Vinyl
Fireplace No
Exterior
Utilities Available Water Connected
Waterfront Description Bay Access
Roof Type Metal
Total Parking Spaces 50
Building
Building Description Frame,Metal Siding,Other,See Remarks, Private Restrooms,Public Restrooms
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Frame,Metal Siding,Other,See Remarks
Construction Status Existing
Schools
School District Thousand Islands
Others
Tax ID 222889-059-008-0001-021-000 & 2-11.2
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
Special Listing Condition Standard
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Bought with Lake Ontario Realty, LLC
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Licensed Associate Real Estate Broker | License ID: 10301221928