Jamestown, RI Commercial Real Estate

UNDER AGREEMENT The Leisure Property Advisors team of Colliers is pleased to exclusively offer for purchase Conanicut Marina & Boatyard in highly desirable Jamestown, Rhode Island. This is the first time the property has been available in 47 years. The Offering consists two distinct properties: the marina on Jamestown's waterfront and the boatyard 0.8 miles to the north. The marina features over 4,500 linear feet of dockage for boats up to 225 feet in length plus 150 moorings. It is a very popular spot for both seasonal and transient boaters and the slips operate at 100% occupancy. The boatyard sits on a 5-acre site and provides high-quality service and repair, winter storage for up to 220 boats and serves as a private parking area for the marina. With limited competition and high barriers to entry, Conanicut Marina & Boatyard represents an opportunity to acquire a well-operated marina and boatyard with proven in-place cash flow and opportunities to generate additional income. Rare opportunity to acquire a marina and boatyard that has been owned and operated by the same family for 47 years Highly desirable in-town Jamestown location popular with both seasonal and transient boaters. Easy passage to Block Island, Martha's Vineyard, and Nantucket. Over 4,500 linear feet of dockage and 150 moorings at the marina; Slips consistently 100% occupied Winter storage for approximately 220 boats; Area is used for marina parking in the summer months Proven in-place cash flow with upside in future rate increases, leasing moorings, and adding a dock store Extreme barriers to entry with the few nearby marinas running at 100% occupancy Eco-conscious boatyard that generates its own power and sells surplus to grid

Create Great Business Attention On This Main Street With A Full Walled, Front Window. Being Right In The Heart of Jamestown's Activity Center, You Will See A Busy Street With Plenty Of Foot Traffic To Promote Your Business.