Property Type:
Commercial
Lot Size (sq. ft.):
87,120
Status:
Active
Current Price:
$3,500,000
List Date:
5/14/2022
Last Modified:
2/23/2024
Description
Located on highly desirable Smith Mountain Lake, Va, the Virginia Dare Marina is both a unique and profitable marina enjoyed by locals and visitors alike. With substantial potential, the options for fun and entertainment on this property are endless. The real question is what does this property not have? The marina sits on 2 acres and 540 ft of waterfront. Featuring a new building which is home to the only seafood restaurant on the lake, Beacon Seafood Pub. The new building houses a large office, a small studio apartment, and a large full commercial kitchen. Upstairs, you will find an unfinished area with impeccable views overlooking the lake. ALSO INCLUDED IN THE SALE IS THE VIRGINIA DARE, A 63' SIGHTSEEING/DINNER CRUISE BOAT.
Supplements: A one of a kind legacy, Portside Bar and Grill is the second restaurant and bar at the marina. Patrons can enjoy a beverage and burger sitting directly over the water while taking in a beautiful view of the lake and the Virginia dare Cruise Boat, also included in the sale of the property. The Virginia Dare is a 63' 19th century replica side wheeler, sightseeing/dinner cruise boat. It cruises year round for public and private charters and accommodates up to 80 passengers. Anyone who has spent time on the lake know the Virginia Dare.
The marina also included 50 slips and a brand new fuel system providing 24/7 gas operations. There is also plenty of parking and storage on the property. Additionally there are two brand new unique floating units that serve as Airbnb's.
This turn key renovated marina and operation has grown exponentially in the past few years, and there is undoubted additional growth and revenue generation potential. This is a rare opportunity for someone seeking an owner/operator business, for it is already equipped to run seamlessly as is for an incredible off hands investment opportunity.
Listing Office: BRIDGES & CO, REALTORS®
Last Updated: February - 23 - 2024
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