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110 Spinnaker Run Rd
Belhaven, NC 27810
Dowry Creek Marina · Specialty Property For Sale
·
1,600 SF
Investment Highlights
- Reduced from $3,500,000 to $2,600,000 11.18% CAP
- Water and sewer on site. Also, in front of additional development land included.
- Leaves the Marina paying for 11 slips and private owners paying for 33.
- The restaurant business will be retained by the seller and leased the building from the new owner. Buying the restaurant is an option.
- Because of the BOA structure, with the Marina currently owning 40 of 73 slips, and 29 of those 40 slips being free in exchange for managing the pier.
- The Marina only funds 25% of the pier expenses, with the other owners funding 75% of the pier costs.
Property Facts
| Property Type | Specialty | Building Size | 1,600 SF |
| Property Subtype | Marina | No. Stories | 1 |
| Building Class | B | Year Built | 1995 |
| Lot Size | 14.76 AC | Parking Ratio | 14.91/1,000 SF |
| Zoning | CG - Commercial | ||
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 14.76 AC |
| Building Size | 1,600 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Parking Ratio | 14.91/1,000 SF |
| Zoning | CG - Commercial |
Amenities
- Signage
- Waterfront
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,339,150 | |
| Land Assessment | $175,476 | Total Assessment | $1,514,626 |
Property Taxes
Parcel Numbers
Land Assessment
$175,476
Improvements Assessment
$1,339,150
Total Assessment
$1,514,626
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