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8800 SOUNDS AVE Sea Isle City NJ 08243

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Details
Property Type Special Purpose
Sub Type Marina
Building SqFt 1,798
Days on Market ******
Latitude 39.1253
Longitude -74.7142

Property History

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Property Type
Property Type
Special Purpose
Property Subtype
Marina
Marketing Description

We are pleased to exclusively offer for purchase Pier 88 Marina (“Pier 88”) in the beautiful Sea Isle City. Pier 88 offers 1.33 acres of fee simple real estate on the southern end of Sea Isle City. It is a clean, low-maintenance marina that is west-facing and provides guests with excellent sunset views from the marina’s pier. Profit centers include 1) wet slip and jet ski slip rentals, 2) boat rentals, 3) a ship’s store, 4) private guest lockers, and 5) fuel sales (historically – upside for next owner). The fuel dock has been a popular amenity at Pier 88, but ownership recently removed the underground tank in anticipation of new ownership installing an above-ground tank.

In addition to the current configuration, the main pier is designed for a second-story restaurant and/or apartment above the ship’s store (which could double as part of the restaurant’s ground floor). This concept should be well-received in the area, given that the majority of homes in Sea Isle City are vacation rentals and second-homes, attracting thousands of visitors to the area every year.

Investment Highlights
  • Offered at Market Bid – Seller is Entertaining All Offers

  • Rare Opportunity to Own a Sea Isle City Marina with Growth Opportunities

  • Site is Ready for Above-Ground Fuel Tank Installation

  • Pier Pilings Designed for a 2-Story Restaurant (and Upstairs Apartment) with Excellent Sunset Views

  • Located in the Beautiful Coastal Town of Sea Isle City – a Destination Location for

  • Families from All Around (Ranked #6 Beach in NJ for 2022)

  • Median Household Income Over $100k, and Median Net Worth Between $700-$760k within 15-Minute Radius

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
CK
Chris Karamitsos PRO
•••.•••.1144
•••••••tsos@•••••••.com
Brokerage logo
Listing removed on
 BY:
BM
Brett Murphy
•••.•••.0196
•••rphy@•••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Atlantic City, NJ.
Atlantic City, NJ median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Atlantic City, NJ (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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