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32802208
32802193

1151 County Road 546, Verbena, AL 36091

SP
AL 0000101460, TN TN 306881 (+2)
Keller Williams Realty Greater Downtown
Listed by Keller Williams Realty Greater Downtown
$650,000
14 days on market
Updated 10 days ago

Creek Marina

Details
Property Type Special Purpose
Sub Type Marina
Square Footage 3,500
Occupancy 100%
Acreage 0.500
Ground Lease No

Marina on Lake Lay

Marketing description

Property Overview

Situated on approximately ½ acre of valuable waterfront, the marina features:

  • 32 boat slips (28 with lifts)
  • Only 24-hour self-serve fuel station on the lake
  • Boat ramp access
  • Small on-site store
  • Storage building (convertible to dry storage)
  • Duplex rental structure

This is a true turnkey marina operation with multiple income streams and expansion potential.

💰 Investment Highlights

  • Premier Waterfront Location surrounded by high-end residential development
  • 32 Slips (Majority with Lifts) – highly desirable for long-term tenants
  • Slip Rents Recently Increased to $1,800/year with additional upside
  • Only 24-Hour Fuel on the Lake – strong competitive advantage
  • 6 Jet Ski Slips generating additional income ($650/year each)
  • Boat Ramp Access drives consistent traffic and visibility
  • On-Site Duplex with potential to generate $1,400+/month
  • Multiple Revenue Streams (slips, fuel, rentals, storage, retail)

📈 Value-Add Opportunities

  • Continue increasing slip rents to market levels
  • Optimize fuel sales and margins (unique 24-hour access advantage)
  • Renovate duplex for increased rental income
  • Convert storage shed to dry boat or jet ski storage
  • Add additional jet ski or small craft slips
  • Expand retail/store offerings
  • Implement modern marketing and online booking systems

Owner currently does some boat repairs and a new owner could possibly continue that business if desired.

Investment highlights

Blue Creek Marina presents a rare opportunity to acquire a cash-flowing marina on highly desirable waterfront real estate in one of the most sought-after lake corridors in central Alabama. Surrounded by multi-million dollar homes—including a neighboring property listed at $1.2M—this asset combines strong in-place income, premium location, and significant upside potential.

Owner willing to finance!

Located on Lay Lake.

Lay Lake is part of the Coosa River system and is known for:

  • Strong boating and fishing demand
  • Popular weekend destination from Birmingham and Montgomery

Listing Contacts

SP
AL 0000101460, TN TN 306881 (+2)
Keller Williams Realty Greater Downtown
Listed by Keller Williams Realty Greater Downtown

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Additional Information

Name
Stewart Phillips
License
0000101460
Brokerage
Keller Williams Realty
Brokerage Phone
423-664-1900
Title
Associate Real Estate Broker
Brokerage Address
1830 Washington Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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