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6603 Lake Tulloch Pl - Drifters Marina & Grill 9,000 SF Specialty Building Offered at $5,750,000 at a 7.06% Cap Rate in Copperopolis, CA 95228
INVESTMENT HIGHLIGHTS
- Waterfront Restaurant and Bar
- High fuel sales
- 2 Bedroom waterfront apartment located above the business
- Sole waterfront liquor license on Lake Tulloch (included)
- Seasonally open during warmer months
EXECUTIVE SUMMARY
SVN Marinas, in partnership with SVN Vanguard, proudly presents Drifters Marina & Grill. Nestled along the picturesque shores of Lake Tulloch, California, this unique business enjoys a steady influx of seasonal visitors, drawn to one of the most sought-after vacation destinations in the Sierra Nevada Foothills, conveniently located just east of Modesto and Stockton in Calaveras County.
The marina boasts 48 wet slips and 19 dry slips, offering a range of amenities, including dockside fueling, waterfront dining, a private launch, advanced security, and ample parking. The dry slips, situated in covered garage bays behind the restaurant, allow tenants to store, maintain, and launch their boats with ease.
Drifters Marina & Grill is the only supplier of self-service marine fuel on Lake Tulloch, meeting high demand from a captive audience of boaters. The restaurant, renowned for being the only waterfront dining venue on the lake, holds an exclusive liquor license, attracting a large crowd throughout the busy season from March to September.
Included in the sale of Drifters Marina & Grill is a 2-bedroom, 1-bathroom apartment located above the restaurant, offering expansive lake views. This unique feature provides ownership with convenient on-site living or can be used as a vacation rental in this highly desirable location.
The marina boasts 48 wet slips and 19 dry slips, offering a range of amenities, including dockside fueling, waterfront dining, a private launch, advanced security, and ample parking. The dry slips, situated in covered garage bays behind the restaurant, allow tenants to store, maintain, and launch their boats with ease.
Drifters Marina & Grill is the only supplier of self-service marine fuel on Lake Tulloch, meeting high demand from a captive audience of boaters. The restaurant, renowned for being the only waterfront dining venue on the lake, holds an exclusive liquor license, attracting a large crowd throughout the busy season from March to September.
Included in the sale of Drifters Marina & Grill is a 2-bedroom, 1-bathroom apartment located above the restaurant, offering expansive lake views. This unique feature provides ownership with convenient on-site living or can be used as a vacation rental in this highly desirable location.
PROPERTY FACTS Under Contract
| Price | $5,750,000 | Building Class | B |
| Price Per SF | $638.89 | Lot Size | 1.75 AC |
| Sale Type | Investment | Building Size | 9,000 SF |
| Cap Rate | 7.06% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2012 |
| Property Subtype | Marina | ||
| Zoning | REC-PD - Recreation- Planned Development | ||
| Price | $5,750,000 |
| Price Per SF | $638.89 |
| Sale Type | Investment |
| Cap Rate | 7.06% |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 1.75 AC |
| Building Size | 9,000 SF |
| No. Stories | 1 |
| Year Built | 2012 |
| Zoning | REC-PD - Recreation- Planned Development |
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PROPERTY TAXES
| Parcel Number | 061-071-008-000 | Improvements Assessment | $483,308 |
| Land Assessment | $451,779 | Total Assessment | $935,087 |
PROPERTY TAXES
Parcel Number
061-071-008-000
Land Assessment
$451,779
Improvements Assessment
$483,308
Total Assessment
$935,087
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6603 Lake Tulloch Pl - Drifters Marina & Grill
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