• Lighthouse Harbor Marina | Greentown, PA - 969 State Rte 507, Greentown, PA 18426

For Sale

Office

For Sale

This property is available for sale
3.72
Acres
$5,500,000
Sale Price
  • Overview

    The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Lighthouse Harbor Marina on Lake Wallenpaupack in Pennsylvania.  Situated on the southern shore of this destination lake in the Pocono Mountains, Lighthouse Harbor draws from a population of nearly 27M people within a two-hour drive.  With 241 wet slips and room store more than 400 boats on land in the winter, this marina is a true full-service, year-round operation. In addition to storage, the marina in an authorized Bennington and Monterey boat deal, offers boat repair & service from certified Yamaha and Mercury marine techs, a retail parts department, boat rentals and a Freedom Boat Club franchise.  This is a great opportunity to buy a well-kept, established marina in a very desirable area.

    Full-service marina with 241 wet slips and room to store 400+ boats on land in the winter
    Authorized Bennington and Monterey boat dealer
    Authorized Yamaha and Mercury service and parts department
    $7M of revenue and $990K NOI – almost all from “non boat sales” operations
    Destination lake in the Poconos
    26M visitors to the four-county Poconos region in 2018
    99 miles from the center of Manhattan
    Upside to expand indoor winter storage and increase rates

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Property Details

The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Lighthouse Harbor Marina on Lake Wallenpaupack in Pennsylvania.  Situated on the southern shore of this destination lake in the Pocono Mountains, Lighthouse Harbor draws from a population of nearly 27M people within a two-hour drive.  With 241 wet slips and room store more than 400 boats on land in the winter, this marina is a true full-service, year-round operation. In addition to storage, the marina in an authorized Bennington and Monterey boat deal, offers boat repair & service from certified Yamaha and Mercury marine techs, a retail parts department, boat rentals and a Freedom Boat Club franchise.  This is a great opportunity to buy a well-kept, established marina in a very desirable area.

Full-service marina with 241 wet slips and room to store 400+ boats on land in the winter
Authorized Bennington and Monterey boat dealer
Authorized Yamaha and Mercury service and parts department
$7M of revenue and $990K NOI – almost all from “non boat sales” operations
Destination lake in the Poconos
26M visitors to the four-county Poconos region in 2018
99 miles from the center of Manhattan
Upside to expand indoor winter storage and increase rates

  • Property Type
    Office
  • Sale Price
    $5,500,000
  • Total Acres
    3.72
  • Cap Rate
    18.0%
  • Property ID
    2160831

Landlord's Sales Representatives

  • Andrew Cantor
    Colliers | Atlanta
     
  • Matt Putnam
    Colliers | Tampa
     
  • Dan Grovatt
    Colliers | Tampa