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136 S Homestead Ln - Herrington Lake Marina 1,600 SF Specialty Building Offered at $2,895,000 in Lancaster, KY 40444
Investment Highlights
- Very popular Herrington Lake marina with slip rentals, fuel pier, restaurant, and more.
Executive Summary
FANTASTIC INVESTMENT OPPORTUNITY! Real estate and very successful, long running marina business known as Herrington Lake Marina. The sale includes the land, the marina with 210 rental slips, ship store, fuel pier, restaurant, three rental pontoon boats, all equipment, tools, inventory, and much more. There are also three onshore rental cabins (with beautiful lake views) , five RV/camper sites with electric, water, and sewer, as well as a boat trailer storage area. Lots of income sources including: slip rental, fuel, ship store, pontoon rental, launching fees, restaurant, RV site rentals, boat storage fees, and cabin rentals. The current owners purchased as a second career in 2004, and now, after 22 years, they are ready to retire.
Property Facts
| Price | $2,895,000 | Lot Size | 4.50 AC |
| Price Per SF | $1,809.38 | Building Size | 1,600 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1992 |
| Property Subtype | Marina | Parking Ratio | 10/1,000 SF |
| Building Class | C |
| Price | $2,895,000 |
| Price Per SF | $1,809.38 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 4.50 AC |
| Building Size | 1,600 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Parking Ratio | 10/1,000 SF |
Amenities
- Waterfront
- Cafe
- Shower Facilities
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $230,000 | |
| Land Assessment | $1,540,000 | Total Assessment | $1,770,000 |
Property Taxes
Parcel Numbers
Land Assessment
$1,540,000
Improvements Assessment
$230,000
Total Assessment
$1,770,000
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136 S Homestead Ln - Herrington Lake Marina