108 Tilbury Rd - Marinas FOR SALE


Salem, NJ 08079
$699,000 USD
856-465-6637
108 Tilbury Rd, Salem, NJ for Sale
$699,000 USD
Marinas - FOR SALE
1/15
null | Request Cap Rate

108 Tilbury Rd
Salem, NJ 08079


HIGHLIGHTS

  • Riparian water rights to Barbers Basin and Salem River
  • Three phase electric - 120 amps, 240 voltz.
  • Located in Manufacturing 2 District

OVERVIEW

Value Add Marina for sale with boat slips available on the Salem River and Barber’s Basin. Approximately 200’ of river frontage on the Salem River with parking and exterior boat storage. The Marina supports a +/- 5 foot draft at high-tide with 70 boat slips potential for seasonal lease and a boat ramp. The property is situated in the Manufacturing 2 (Two) zone of Salem City. This zoning provides for general industrial uses except for the uses outlined below. The property is located in an opportunity zone. There are two existing structures totaling approximately 1,600 square feet on the property. The buildings include a single family residence (yearly rental) and a boat service shop. This is a rare opportunity to bring the marina back to life or redevelop the property for an industrial use with shipping capabilities. The Salem River directly connects to the Delaware River. Everything is sold as-is. Buyer is responsible for their own due diligence regarding property (inclusive of riparian rights and water depth). All marina equipment and heavy machinery sold separately.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

ADD'L SUBTYPES

Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.24 AC

LAND SF

141,134 SF

ZONING

M-2

APN/PARCEL ID

13-00097-0000-00007

ASK ABOUT THIS PROPERTY

Michael ScanzanoWarner Real Estate & Auction Co, Inc.More Info
856-465-6637

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Michael ScanzanoWarner Real Estate & Auction Co, Inc.More Info
856-465-6637

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