1130 27th Road

    Ottawa, IL 61350
    • $1,200,000
    • STATUS: Active
    • ON SITE: 91 days
    • MLS #: 10423936
    UPDATED: 30 min ago
    $1,200,000
    • 0
      BEDS
    • 25.0-99.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 57,050
      SQFT
    • $21
      $/SQFT

    School Ratings & Info

    Description

    The marina is a turnkey operation with a solid customer base. In business since 1957, Starved Rock Marina is and established boating recreation business in the heart of Starved Rock County. Wide Waters Yacht Club is based at the marina and provides steady dock rentals and income through social events on the property. Several yacht clubs nearby provide a steady customer base for the service and parts departments. Multiple income sources are provided including boat sales, boat brokerage sales, boat repairs, slip rental, off-season inside & outside storage, and retail/restaurant tenants. The 3 tenants on the property provide an established history of servicing current customers and attracting new customers. Captains' Cove Bar & Grill, Starved Rock Adventures Boat &: Villa Rental, and Weeta's Boutique, all offering solid income from leases. The marina operates an established boat repair facility with major equipment and tools up to date & in good condition.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-09-20T19:52:19.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.themattzgroup.com/homes/96114677

    1130 27th Road Ottawa, IL 61350

    • Price: $1,200,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 10423936
    0
    Beds
    0
    Baths
    0
    ½ Baths
    25.0-99.99 Acres
    Acres
    57,050
    SQFT
    $21
    $/SQFT
    Neighborhood:
    Danway / Dayton / Naplate / Ottawa / Prairie Center
    County:
    La Salle
    Area:
    Danway / Dayton / Naplate / Ottawa / Prairie Center
    Property Description
    The marina is a turnkey operation with a solid customer base. In business since 1957, Starved Rock Marina is and established boating recreation business in the heart of Starved Rock County. Wide Waters Yacht Club is based at the marina and provides steady dock rentals and income through social events on the property. Several yacht clubs nearby provide a steady customer base for the service and parts departments. Multiple income sources are provided including boat sales, boat brokerage sales, boat repairs, slip rental, off-season inside & outside storage, and retail/restaurant tenants. The 3 tenants on the property provide an established history of servicing current customers and attracting new customers. Captains' Cove Bar & Grill, Starved Rock Adventures Boat &: Villa Rental, and Weeta's Boutique, all offering solid income from leases. The marina operates an established boat repair facility with major equipment and tools up to date & in good condition.
    Exterior Features

    Approx Land Sq Footage 1785000 Lot Dimensions 1785000 Lot Sq Ft 914760 Number Of Parking Spaces 200

    Interior Features

    Air Conditioning Partial Indoor Parking 51-100 Spaces Number Of Stories 1 Outdoor Parking Over 100 Spaces

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 0 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Other Corporate Limits Ottawa Cost Of Goods Expense Source Actual Cost Of Goods Sold 0 Cost Of Goods Year 2017 Gross Payroll 0 Gross Payroll Expense Source Actual Gross Payroll Year 2017 Gross Profit 587000 Gross Profit Expense Source Actual Gross Profit Year 2017 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2017 Gross Sales Annual 587000 Heat Ventilation None Inventory 0 Inventory Expense Source Actual Inventory Year 2017 Known Encumbrances None Known Net Operating Income Year 2017 Net Profit 0 Net Profit Source Actual Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2017 Taxes 53685 Tenant Pays Real Property Taxes Total Op Exp Year 2017 Total Op Expense Source Actual Total Operating Expenses 0 Type Of Lease None Zoning Type Other

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Inland Real Estate Commercial Brokerage, INC.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-09-20T19:52:19.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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