HALES BAR MARINA & RESORT

Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 2890504
Property Subtypes: Marina
Status: Pending/Contingent
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Sale Price: $5,500,000
Property Use Type: Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/5/2017

Overview / Comments

Great Location with lots of land for development! If you are searching for the ideal development marina with lots of room to grow you have found your ideal opportunity. Hales Bar Marina on Lake Nick A Jack . 106 acres with 2 miles of water frontage.. 250 Wet Slips, 85% rented. (Permitted for 700) Retail Marina Store/ Restaurant -1344 sqft., Boat Storage (1)4,000 sqft., Great Opportunity to expand on adjoining land included in sale for homes, hotel, cabins, and retirement living. Total Income for 2012 $936,600. All within 20 minutes of down town Chattanooga with great tax rate!
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Additional Details

Nearest MSA: Chattanooga
County: Marion
Market Type: Large
Road Type: Paved

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,125 6,671
Median Age: 41.47 44.06
Households: 863 2,753

Contact

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