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249 Mill Point Rd - Morningstar Marinas - Gwynn's Island 28,000 SF Specialty Building Offered For Sale in Hudgins, VA 23076



EXECUTIVE SUMMARY
Morningstar Marinas Gwynn’s Island presents a rare opportunity to acquire a stabilized 274+ dry slip marina with steady income from both dry stack and trailer/boat storage. Located in the Chesapeake Bay’s Middle Peninsula - 75 miles east of Richmond, approximately 45 minutes north of Hampton, and 10 minutes from Mathews.
The marina delivers tremendous utility and offers on-site marina services, a marine mechanic program, and optionality with outdoor storage/expansion. The marina has
consistent occupancy levels above most marinas within the immediate market area with strong rental revenue history.
Fully enclosed dry storage for boats up to 30'
Work racks for light services
Fish cleaning + certified weigh station
Non-ethanol fuel
On-site boat wash, bottom paint, and detail service
Full-service mechanic program
Fully stocked ship store
Onsite apartment for customer rental
Trailer and boat-on-trailer storage
The marina delivers tremendous utility and offers on-site marina services, a marine mechanic program, and optionality with outdoor storage/expansion. The marina has
consistent occupancy levels above most marinas within the immediate market area with strong rental revenue history.
Fully enclosed dry storage for boats up to 30'
Work racks for light services
Fish cleaning + certified weigh station
Non-ethanol fuel
On-site boat wash, bottom paint, and detail service
Full-service mechanic program
Fully stocked ship store
Onsite apartment for customer rental
Trailer and boat-on-trailer storage
PROPERTY FACTS
| Sale Type | Investment or Owner User | Lot Size | 8.52 AC |
| Sale Condition | Business Value Included | Building Size | 28,000 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built | 2000 |
| Building Class | C | Tenancy | Single |
| Zoning | B-1 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 8.52 AC |
| Building Size | 28,000 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Zoning | B-1 |
ABOUT 249 MILL POINT RD , HUDGINS, VA 23076
Acreage 10.42 total (8.52 + 1.9) Tax ID# 8.52 AC: 11-A-48A 1.9 AC: 11-A-52A Zoning B-1, Commercial T12 Occupancy 93% Dry Stack Units 274 Boat Storage Building 1: 28,893± SF Building 2: 12,000± SF Office/Apartment 1,865± SF Apartment Rental 2 Bed / 1 Bath Bait/Tackle 195± SF
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PROPERTY TAXES
| Parcel Number | 11-A-48A | Improvements Assessment | $1,828,795 CAD |
| Land Assessment | $1,486,655 CAD | Total Assessment | $3,315,450 CAD |
PROPERTY TAXES
Parcel Number
11-A-48A
Land Assessment
$1,486,655 CAD
Improvements Assessment
$1,828,795 CAD
Total Assessment
$3,315,450 CAD
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249 Mill Point Rd - Morningstar Marinas - Gwynn's Island
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