99 Alexander Ave - Marinas FOR SALE


Peoria, IL 61603
$1,000,000 USD
847-812-8414
99 Alexander Ave, Peoria, IL for Sale
$1,000,000 USD
Marinas - FOR SALE
1/9
null | Request Cap Rate

99 Alexander Ave
Peoria, IL 61603


HIGHLIGHTS

  • 100 Wet Slips, 16 Covered Slips, Space to add an additional 50 Wet Slips
  • Electric and Water Hook-ups | Gas Dock With New Dispenser
  • Full Service and Parts Department & Yacht Sales Showroom
  • Retail Ship Store ready for Liquor License
  • Launch Ramp and Jetty
  • 2 Travel Lifts - 30,000lb & 60,000lb Capacity

OVERVIEW

This is an amazing opportunity to own a well-established Marina in a market that is underserved and poised for growth. Wharf Harbor Marina is a 100 slip, full-service marina that sits on 22.5 picturesque acres on the Illinois River just 2 ½ miles north of the Peoria Central Business District. The real estate and all assets of the business are included in the sale. There is the potential to add an additional 50+ wet slips. The newly renovated retail store is ready for a liquor license. New boat dealerships in the region are virtually nonexistent between Chicago and The Lake of the Ozarks in MO. This site is the perfect location for a regional multi-brand sales & service operation. This site is also strategically located between Komatsu and O'Brien Steel and could easily be converted to a barge terminal. Peoria is the largest city on the Illinois river which is a critical leg of the ‘Great Loop’ between Chicago and St Louis. With several hundred Yachting enthusiasts called ‘Loopers’ making that scenic journey per year, this site could easily become a major destination. Bring your marina management expertise to a loyal clientele and region that yearns to support a modern, full-service marina facility. Call David Coupe at 847-812-8414 for a full Offering Memorandum and tour this exceptional property.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wharf Harbor Marina

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

ADD'L SUBTYPES

Shipyard, Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

22.5 AC

LAND SF

980,100 SF

ZONING

-

APN/PARCEL ID

14-35-330-006

ASK ABOUT THIS PROPERTY

David CoupeSVNMore Info
847-812-8414

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David CoupeSVNMore Info
847-812-8414

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