3900 Lee Pike, Soddy Daisy, TN 37379

Commercial property for lease

• Description
• Imagine... owning a pristine waterfront location with a boutique marina of 100 slips. Imagine... creating a unique waterfront destination for outdoor enthusiasts. Imagine... receiving passive income for your retirement plan. Welcome to 3900 Lee Pike in Soddy Daisy Tennessee. Step back in time to a simpler time and picture yourself sailing on calm waters. Sale Creek Marina has been owned and operated since the 1980's by a single owner who has remained committed to servicing the sailing community. Located within 2 minutes of the main Tennessee River channel and within 30 minutes of downtown Chattanooga. Currently 60% to 70% occupied, this 100-slip marina offers equipment including a Marine Travelift to haul boats out of the water, as well as a barge for dock building. The marina includes over 5 acres creating a cabin community for rentals to enhance the profits as much as $15,000 to $30,000 per month. The current owner has already obtained an assignable expansion plan of 200 slips. An ideal location exists for the addition of a restaurant to serve the boating community and the surrounding 1,500+ waterfront homes. In addition, there is ample room to initiate kayak and paddle board rentals for an another potential revenue stream of up to $50,000 per year. Current GMI with boat slips and service work is $215,000 per year. With the additional potential development expansion the GMI could be well over $600,000 per year. If you're an outdoor enthusiast looking to create a wonderful retirement nest egg, this is an ideal and thoroughly rewarding investment opportunity. Call for your private showing today.
• Contact info
• Grace Frank

  Real Estate Partners Chatt LLC
• Note

• Details Info about this row that located on 3900 Lee Pike, Soddy Daisy, TN 37379 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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