This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2240 Shelter Island Dr
12,200 SF Specialty Building Offered at $30,000,000 in San Diego, CA 92106
Investment Highlights
- Shelter Cove Marina holds ownership of the master lease with the San Diego Unified Port District. There is no fee simple land associated with the sale
- Absentee owned with management in-place | Certified as Clean Marina
- Commercial business tenants - 12,000 sq. ft. commercial building (6,000 sq. ft. leasable)
- Vast majority of income is derived from slip and commercial tenant leases
- 161+/- Floating Construction Recreational Boat Slips | Approximately 6,100 linear feet of dock space
- Slip occupancy is estimated at 98% with a waiting list at certain slip sizes
Executive Summary
Shelter Cove Marina is an iconic fixture on North San Diego Bay's America's Cup Harbor. This is a once in a lifetime opportunity to acquire a marina in one of the most desirable boating markets in the Unites States.
Shelter Cove Marina is a first-class wet slip marina that is absentee owned and turnkey. The marina derives nearly all of its income from slip rentals and multiple commercial tenants. This is a rare, truly passive, marina investment opportunity.
Michelle Ash, Marina Investment & Marketing Adviser
SIMPLY MARINAS
4000 Ponce De Leon Blvd, Suite 470
Coral Gables, FL 33146
ash1@simplymarinas.com
305-439-9581
Eric Israel, Broker of Record
Virtual Realty Group Inc.
CA License #: 01412095
92 corporate park. Suite 744
Irvine, CA 92606
TeamVRG@gmail.com
949-302-8100
Property Facts
| Price | $30,000,000 | Building Class | C |
| Price Per SF | $2,459 | Lot Size | 7.54 AC |
| Sale Type | Investment or Owner User | Building Size | 12,200 SF |
| Sale Conditions | Business Value Included | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1992 |
| Property Subtype | Marina |
| Price | $30,000,000 |
| Price Per SF | $2,459 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 7.54 AC |
| Building Size | 12,200 SF |
| No. Stories | 2 |
| Year Built | 1992 |
Amenities
- Waterfront
About 2240 Shelter Island Dr , San Diego, CA 92106
Class-A wet slip marina for sale in a prime West Coast MSA Shelter Cove Marina is an iconic fixture on North San Diego Bay's America's Cup Harbor. This is a once in a lifetime opportunity to acquire a marina in one of the most desirable boating markets in the Unites Sates. Shelter Cove Marina is a first-class wet slip marina that is absentee owned and turnkey. The marina derives nearly all of its income from slip rentals and multiple commercial tenants. This is a rare, truly passive, marina investment opportunity. Michelle Ash, Marina Investment & Marketing Adviser SIMPLY MARINAS 4000 Ponce De Leon Blvd, Suite 470 Coral Gables, FL 33146 ash1@simplymarinas.com 305-439-9581 Eric Israel, Broker of Record Virtual Realty Group Inc. CA License #: 01412095 92 corporate park. Suite 744 Irvine, CA 92606 TeamVRG@gmail.com 949-302-8100
PROPERTY TAXES
| Parcel Number | 760-003-56 | Improvements Assessment | $2,263,758 |
| Land Assessment | $2,714,439 | Total Assessment | $4,978,197 |
PROPERTY TAXES
zoning
| Zoning Code | M |
| M |
-
George Ash -
Michelle Ash, Simply Marinas
Presented by
2240 Shelter Island Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.