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7405 Forbes Rd - Mariner's Landing 4,000 SF Specialty Building Offered at $2,303,268 CAD in Cincinnati, OH 45233



INVESTMENT HIGHLIGHTS
- Nearly 6 acres of cash flowing water front property adjacent to a park, brewery and seasonal bar that could be developed.
- Situated 12 miles from downtown Cincinnati, OH easily accessible via Rt. 50
- Undeveloped areas on the property that could be used for a bar/restaurant, RV spots, outdoor pickleball courts, etc.
- The marina generates year around storage income with capacity to add more storage customers.& grow related profit streams.
- Buildings include an office building, bath house, 2 insulated garages, 2 sheds and 2 containers with electric
- 26 Carports provide covered storage for 52 boats aren't taxed as real property.
EXECUTIVE SUMMARY
Mariner's Landing Marina offers a unique opportunity to acquire a well-established and profitable business in a prime waterfront location with value-add opportunities. Located next to a park, a brewery, and a seasonal outdoor restaurant, this landmark marina on the Ohio River boasts a loyal clientele and provides a variety of services to boaters and recreational enthusiasts. The sale includes all necessary equipment for marina operations, ensuring a seamless transition for the new owner.
The marina generates strong revenue streams from slip rentals, winter storage, fuel sales, used boat and trailer sales, and boat maintenance services, including winterizing. The property features 200 dry slips with room for expansion and 30 wet storage slips. Strategically located, Mariner's Landing is easily accessible by land and water, situated directly off RT 50 and near the Kentucky border, just 12 miles from Downtown Cincinnati.
Top-notch amenities enhance the appeal of this property, including a fuel dock, an inground swimming pool with a large patio area, a shaded picnic area, a boat wash area, bathrooms with showers, a ship store, valet launching service, and on-site boat and trailer repairs. There are 26 car ports that provide year around covered storage for 52 boats. Buildings on the property include: 1,370 sq ft office with a bathroom, a 625 sq ft bathhouse, two garages (1,060 sq ft and 960 sq ft), and a 40 ft high cube and 20 ft storage container with electric panels and lighting. There's a new 8x10 wood shed and a smaller shed in the boat wash area as well.
Mariner's Landing Marina is not just a business; it's a vibrant community hub for boating and recreation. This investment opportunity combines a strategic location, robust revenue streams, and its numerous amenities, making it an attractive prospect for investors looking to capitalize on a thriving waterfront property. There's a significant amount of underutilized space which could be used for various development possibilities such as adding a bar/restaurant, RV spots or pickleball courts. Other value-added opportunities could be the addition of houseboats or cabin cruisers for short term rentals, adding a boat rental operation or build riverfront town homes.
The marina generates strong revenue streams from slip rentals, winter storage, fuel sales, used boat and trailer sales, and boat maintenance services, including winterizing. The property features 200 dry slips with room for expansion and 30 wet storage slips. Strategically located, Mariner's Landing is easily accessible by land and water, situated directly off RT 50 and near the Kentucky border, just 12 miles from Downtown Cincinnati.
Top-notch amenities enhance the appeal of this property, including a fuel dock, an inground swimming pool with a large patio area, a shaded picnic area, a boat wash area, bathrooms with showers, a ship store, valet launching service, and on-site boat and trailer repairs. There are 26 car ports that provide year around covered storage for 52 boats. Buildings on the property include: 1,370 sq ft office with a bathroom, a 625 sq ft bathhouse, two garages (1,060 sq ft and 960 sq ft), and a 40 ft high cube and 20 ft storage container with electric panels and lighting. There's a new 8x10 wood shed and a smaller shed in the boat wash area as well.
Mariner's Landing Marina is not just a business; it's a vibrant community hub for boating and recreation. This investment opportunity combines a strategic location, robust revenue streams, and its numerous amenities, making it an attractive prospect for investors looking to capitalize on a thriving waterfront property. There's a significant amount of underutilized space which could be used for various development possibilities such as adding a bar/restaurant, RV spots or pickleball courts. Other value-added opportunities could be the addition of houseboats or cabin cruisers for short term rentals, adding a boat rental operation or build riverfront town homes.
PROPERTY FACTS
| Price | $2,303,268 CAD | Lot Size | 5.73 AC |
| Price Per SF | $575.82 CAD | Building Size | 4,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1956/1988 |
| Property Subtype | Marina | Parking Ratio | 58.24/1,000 SF |
| Building Class | C | ||
| Zoning | RF-C - RF-C - Riverfront Commercial - Marinas permitted. Drinking Establishments & Restaurants permitted. Hotels & Commercial Lodging Permitted. | ||
| Price | $2,303,268 CAD |
| Price Per SF | $575.82 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 5.73 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1956/1988 |
| Parking Ratio | 58.24/1,000 SF |
| Zoning | RF-C - RF-C - Riverfront Commercial - Marinas permitted. Drinking Establishments & Restaurants permitted. Hotels & Commercial Lodging Permitted. |
AMENITIES
- Waterfront
- Air Conditioning
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $130,812 CAD | |
| Land Assessment | $218,118 CAD | Total Assessment | $348,931 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$218,118 CAD
Improvements Assessment
$130,812 CAD
Total Assessment
$348,931 CAD
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7405 Forbes Rd - Mariner's Landing
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