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5740570
5740569

48 Co Rd 3495, New Site, MS 38859 For Sale

RR
FL 706569
KW Commercial Boca Raton East
Listed by KW Commercial Boca Raton East
$2,900,000
1703 days on market
Updated 11 days ago

Bay Springs Marina

Details
Property Type Special Purpose
Sub Type Marina
Acreage 22.000
Ground Lease No
Sale Condition For sale by owner

Special Purpose

Marketing description

Welcome to Bay Springs Marina, located in New Site, Mississippi. The Company leases 22 upland acres and 6 acres of submerged lands from the State. There are 5 years remaining on the current lease and strong assurance that it will be renewed at the end of the term. The marina business operates on the leased premises where vessels are stored in wet slips under covered roofs or on open docks. Steel and concrete buildings, equipment, parts inventory, tools and other personal property are situated on or about the leased premises.

A 50-Ton Travelift unit which is also personal property of the marina operator is on the property which provides the ability to haul and launch vessels for service, repairs, surveys and so on. The company utilizes office space, inventory rooms, undercover workspaces, a mechanics shop and more. A loyal and affluent customer base with large and small vessels calls the marine home. Convenient and abundant parking is available immediately adjacent to the docks. A friendly and committed crew stands ready to provide superior customer service. An ice storm in early 2021 collapsed a roof over the westernmost dock system and reconstruction of the those docks is not likely. The remaining 146 slips are comprised of 94 that are covered and 52 that are open.

For more information about this or any other Marina for sale, please contact Rick.

Investment highlights

  • ACRES: 22
  • WET SLIPS: 94 covered, 52 open
  • TRAVELIFT: 50-Ton
  • SERVICE: Certified Techs
  • FUEL: Gasoline / Diesel SHIPS' STORE: Yes

Listing Contacts

RR
FL 706569
KW Commercial Boca Raton East
Listed by KW Commercial Boca Raton East

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