99 Alexander Ave - Wharf Harbor Marina
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99 Alexander Ave - Wharf Harbor Marina
23,700 SF Specialty Building Offered at $1,000,000 in Peoria, IL 61603
Investment Highlights
- 100 Wet Slips, 16 Covered Slips, Space to add an additional 50 Wet Slips
- Full Service and Parts Department & Yacht Sales Showroom
- Launch Ramp and Jetty
- Electric and Water Hook-ups | Gas Dock With New Dispenser
- Retail Ship Store ready for Liquor License
- 2 Travel Lifts - 30,000lb & 60,000lb Capacity
Executive Summary
This is an amazing opportunity to own a well-established Marina in a market that is underserved and poised for growth. Wharf Harbor Marina is a 100 slip, full-service marina that sits on 22.5 picturesque acres on the Illinois River just 2 ½ miles north of the Peoria Central Business District. The real estate and all assets of the business are included in the sale. There is the potential to add an additional 50+ wet slips. The newly renovated retail store is ready for a liquor license. New boat dealerships in the region are virtually nonexistent between Chicago and The Lake of the Ozarks in MO. This site is the perfect location for a regional multi-brand sales & service operation. This site is also strategically located between Komatsu and O'Brien Steel and could easily be converted to a barge terminal. Peoria is the largest city on the Illinois river which is a critical leg of the ‘Great Loop’ between Chicago and St Louis. With several hundred Yachting enthusiasts called ‘Loopers’ making that scenic journey per year, this site could easily become a major destination. Bring your marina management expertise to a loyal clientele and region that yearns to support a modern, full-service marina facility. Call David Coupe at 847-812-8414 for a full Offering Memorandum and tour this exceptional property.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Price | $1,000,000 | Lot Size | 22.50 AC |
| Price Per SF | $42 | Building Size | 23,700 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1980/2019 |
| Property Subtype |
| Price | $1,000,000 |
| Price Per SF | $42 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | |
| Lot Size | 22.50 AC |
| Building Size | 23,700 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2019 |
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PROPERTY TAXES
| Parcel Number | 14-35-330-006 | Improvements Assessment | $0 |
| Land Assessment | $45,320 | Total Assessment | $45,320 |
PROPERTY TAXES
Parcel Number
14-35-330-006
Land Assessment
$45,320
Improvements Assessment
$0
Total Assessment
$45,320
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99 Alexander Ave - Wharf Harbor Marina
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