Property Description

Waterview Marina Community Facility features approximately 23,644 SF with multiple commercial tenants, offering established rental income and the potential for long-term income stability. The property represents an indicated cap rate of 7.61% based on provided financial information. The tenant mix includes children's services, a dental laboratory, and specialized equipment businesses. Several units are currently vacant, providing potential to increase occupancy and rental income. The property also offers significant potential for future value enhancement and development, subject to zoning, permitted uses, and applicable approvals. Marina waterfront access rights are included, and additional parking spaces are available for separate purchase. An attractive opportunity for investors seeking an income-producing commercial property with long-term investment potential and future upside. All income, expenses, lease terms, development potential, permitted uses, and waterfront access rights are subject to verification.

Property Features

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