7405 Forbes Rd - Marinas FOR SALE


Cincinnati, OH 45233
$1,800,000 USD
513-854-1452
7405 Forbes Rd, Cincinnati, OH for Sale
$1,800,000 USD
Marinas - FOR SALE
1/11
null | Request Cap Rate

7405 Forbes Rd
Cincinnati, OH 45233


HIGHLIGHTS

  • Car ports on the property are considered personal property, offering added protection from the elements for our customer's boats.
  • The marina generates year around storage income with capacity to add more storage customers.
  • Situated at 7405 Forbes Rd, Cincinnati, OH, the marina benefits from direct access to water.
  • Adjacent to a brewery and a seasonal outdoor bar/restauraunt.
  • Undeveloped areas on the property that could be used for a bar/restaurant, RV spots, outdoor pickleball courts, etc.
  • 26 Carports - sizes from 24x26 to 24x41. Every other one has an LED barn light on front. 

OVERVIEW

Investment Opportunity: Mariner's Landing Marina - Prime Waterfront Property in Sayler Park, Ohio. Mariner's Landing Marina presents a rare opportunity to acquire a well- established and profitable business in a prime location next to a park, a brewery and a seasonal outdoor restaurant. This landmark marina on the Ohio River boasts a loyal clientele and offers a variety of services to boaters and recreational enthusiasts. Equipment necessary for marina operation is included in the sale. Strong Revenue Streams: Consistent income from slip rentals, fuel sales, ship store, and maintenance services / winterizing. High Occupancy. 200 dry slips are available with room for expansion as well as 30 wet storage slips are available to customers. Strategic Location: Easily accessible by land and water, directly off of RT 50 and the Kentucky border 12 miles from Downtown Cincinnati. Top-Notch Amenities: Fuel dock, pool with large patio area, shaded picnic area, boat wash area, bathrooms with showers, ship store, valet in/out service and on-site boat and trailer repairs. Office 1370 sq ft Concrete Block with stucco with bathroom. Bath house 625 sq ft Concrete Block with newer rubber roof. Garage 1060 sq ft Concrete block with loft. Insulated roof & furnace. Garage 960 sq ft Steel building with wall and ceiling insulation, furnace & a/c Swimming pool - inground gunite pool (replastered in 2021) with patio area (close to 5200 sq ft overall) 20 ft export container on concrete pad wired with outlets and lighting 40 ft Hi Cube (9 ft ceiling) export container with subpanel, lighting and exhaust fan and shelving Shed 2 year old wood - 8x10 on concrete pad Shed - at wash bay area with electric and water

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mariner's Landing

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.73 AC

LAND SF

249,599 SF

ZONING

RF-C

APN/PARCEL ID

167-0001-0081,167-0001-0083,167-0003-0006,167-0003-0017

ASK ABOUT THIS PROPERTY

David TonneMariner's Landing IncMore Info
513-854-1452

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David TonneMariner's Landing IncMore Info
513-854-1452

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