Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 167-0003-0006
  • 167-0003-0017
Land Assessment
$218,118 CAD
Improvements Assessment
$130,812 CAD
Total Assessment
$348,931 CAD
  • Listing ID: 31195374

  • Date on Market: 2024-03-12

  • Last Updated:

  • Address: 7405 Forbes Rd, Cincinnati, OH 45233

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}