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1340 S Marina Way
Richmond, CA 94804
Marina Bay Yacht Harbor · Specialty Property For Sale
·
4,232 SF
Investment Highlights
- Consistent revenue generator averaging $3M in gross revenue and $1M in NOI over past three years
- Great Mid Bay location with access to major boating destinations
- 90% of gross revenue is from wet slip rental, electric billing to wet slips, commercial leasing, launch ramp fees and other storage
- Upside for new owner to lease up vacant slips and add complimentary businesses such as boat rental or boat club
Property Facts
| Property Type | Specialty | Building Size | 4,232 SF |
| Property Subtype | No. Stories | 2 | |
| Building Class | C | Year Built | 1992 |
| Lot Size | 159.39 AC | Parking Ratio | 10/1,000 SF |
| Zoning | CM-5 | ||
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 159.39 AC |
| Building Size | 4,232 SF |
| No. Stories | 2 |
| Year Built | 1992 |
| Parking Ratio | 10/1,000 SF |
| Zoning | CM-5 |
Amenities
- Waterfront
About 1340 S MARINA WAY , RICHMOND, CA 94804
Marina Bay Yacht Harbor consists of 800+ wet slips for boats ranging in size from 20 ft. to over 100 ft. in length. The slips offer water and electricity. Additional improvements include 600 paved surface parking spaces, a 4,323 sq. ft. Harbormaster building, a large launch ramp, a 3,300 sq. ft. "boathouse" building housing laundry, restrooms, showers, and office space for a sailing school (tenant), and kayak/SUP storage. Two restaurants overlook the marina. While not part of the property, they add to the marina's attractiveness. Broker of Record: Todd Severson, Colliers Parrish International, Inc.
Property Taxes
| Parcel Number | 560-181-111-9 | Improvements Assessment | $490,272 |
| Land Assessment | $4,448,926 | Total Assessment | $4,939,198 |
Property Taxes
Parcel Number
560-181-111-9
Land Assessment
$4,448,926
Improvements Assessment
$490,272
Total Assessment
$4,939,198
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