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Investment Highlights

  • Long-established commercial site with 40+ years of operating history ? Strategic location near major recreational waterways ? Proven high-revenue use

Executive Summary

THE SALE OF THIS PROPERTY MUST BE TREATED IN THE STRICTEST CONFIDENCE.?
NO DIRECT APPROACH SHOULD BE MADE TO THE SELLER, STAFF, CUSTOMERS OR SUPPLIERS PLEASE - THANK YOU
Long-established commercial site with 40+ years of operating history / Strategic location near major recreational waterways/Proven high-revenue use historically ($5MM annually)/ Suitable for marine, automotive, contractor, or light industrial users/ Real estate included; business assets excluded/ Owner-user or investor opportunity/ !
This well-located commercial property has served as a long-standing service-oriented operation for more than four decades and benefits from exceptional visibility and access in a highly desirable recreational corridor of Central Alabama.? The site is strategically positioned near multiple major lakes and a prominent river system, making it attractive for a variety of marine, automotive, contractor, or light industrial uses.?
Historically, the property supported a high-volume operation that included both service and retail components, with past revenues exceeding $5 million annually.? While the operating business has since been streamlined, the underlying real estate remains a proven location with strong fundamentals, established traffic patterns, and a loyal regional customer base tied to recreational and service demand.?
The property offers a unique opportunity for an investor or owner-user to acquire a facility with built-in goodwill, flexible use potential, and upside optionality.? A future owner could continue operating a service-based business, reposition the site for an alternative commercial use, or reintroduce a retail or sales component to maximize revenue per square foot, subject to zoning and buyer’s intended use.?
The 15,000 sq. ft facility is well equipped, featuring a 100’ x 150’ service building with a showroom and workshop with several roll-up doors. The property also includes ample outdoor storage for boats and trailers, plus customer parking. The layout allows the business to comfortably service/showcase multiple vessels at once.
The purchase price includes the real estate only; the operating business may be wound down if necessary.? The seller anticipates a short transition period to orderly clear remaining inventory.? This is a genuine retirement-driven sale, presenting a rare chance to acquire a highly functional commercial asset with a long operating history in a supply-constrained market.?
Please email rwj@oldinc.?net at OLD Inc. Business Brokers for further details - thank you!

Property Facts

Price $1,031,219 CAD
Price Per SF $68.75 CAD
Sale Type Investment or Owner User
Cap Rate 4.07%
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Specialty
Property Subtype Marina
Building Class C
Lot Size 1.27 AC
Building Size 15,000 SF
No. Stories 1
Year Built 2004
Zoning B1 - B! - General Business

Amenities

  • Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
24-03-07-0-001-018009-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,854 CAD
  • Listing ID: 40597002

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 1765 US 231, Wetumpka, AL 36093

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