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MARIN · For Sale

171 Azalea, Midway Active

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Asking price
$1,995,000
Price / SF
$1,431.13
Cap rate
—
Sale type
—
Property type
MARIN
Property subtype
MARIN
Building class
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Building size
1,394 sq ft
Year built
1979
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
3.24 acres
Zoning
C3,C2
Frontage
—
Listing #
EN-3736
MLS #
10788515

Unique opportunity to purchase an established marina on Colonels Island in Midway, Georgia. Halfmoon Marina includes two parcels: 171 Azalea Rd (.77/acre) directly on North Newport River with docks, a convenience store (1,394 SF), bathrooms with showers, and parking. The second parcel is located at 685 Kings Rd (2.47 acres) offering up to 83 spaces for dry storage for up to 33ft boats. Room for 30+ parking spaces at the docks. Electrical service includes 30/50 amp service. Boat lift accommodates boats up to 33ft. Ample room to increase dock capacity for wet slips with DNR approval. Two docks measuring 138 feet and 162 feet for a total of 600 feet of docking space. 40-70ft deep at the docks. The marina is located approximately 6 miles from the intracoastal waterway in a popular area for sport fishing. Ideal for investors looking to expand the capacity or owner-operators looking to capitalize on the growing demand for coastal boating facilities. Excellent opportunity to purchase a turnkey marina business already in operation with land, buildings, and docks in place.

Location

GAMLS
Listed by Seabolt Real Estate
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10788515

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