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    Thriving Adirondacks Marine Business Opportunity Title is generated by Realmo AI

    11 Town Shed Road, Horicon, NY 12815

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    Claim this Listing
    For Sale
    $3,999,999

    Full-service marine business for sale in the Adirondacks.

    Type:Commercial
    Property size:
    30,000 SF
    Lot size:
    12.32 Acres
    Price / SF:
    $133/SF
    Added:
    May 20, 2026
    Days on Market:
    11
    Last Refresh:
    May 21 at 7:17 am

    Property Features for 11 Town Shed Road

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Lot size
    12.32 Acres
    Property subtype
    Commercial

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    Listing Contact
    WAYNE HARTARD
    WAYNE HARTARD

    Listing agent WAYNE HARTARD License #10301215860

    Listing office EXP REALTY

    Listing date May 20, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY

    HighLights

    • Established, profitable, full‑service marine business with 25+ years of operation and a strong reputation.
    • Strategically located in the Adirondacks near multiple popular boating destinations.
    • Substantial property: Over 12 commercially zoned acres with over 30,000 square feet of well‑maintained improvements.
    • Diverse income streams: boat storage, new/pre‑owned boat sales, retail store, service/repair center, and boat rentals.
    • Turnkey operation with experienced staff and certified technicians.
    • Significant growth potential with approvals in place for future expansion.

    Overview

    This is an exceptional opportunity to acquire a thriving full-service marine business in the Adirondacks. The business is strategically positioned near Brant Lake, Loon Lake, Schroon Lake, Lake George, and other popular boating destinations. This established, turnkey operation has built a strong reputation over 25+ years, offering proven profitability, experienced staff, and steady demand from both the local community and seasonal visitors. The property is set on more than 12 commercially zoned acres with over 30,000 square feet of well-maintained improvements. The property supports a robust, multi-faceted business model with diverse income streams. Revenue sources include indoor and outdoor boat storage, new and pre-owned boat sales, a retail marine supply store, a fully equipped service and repair center with certified technicians, and a well-established boat rental operation catering to the region's active tourism market. The business is positioned for continued success and offers significant room for growth, with approvals already in place for future expansion, including additional boat storage or a new indoor showroom. This is a rare chance to step into a successful operation in one of the Northeast's premier recreational destinations. The sale includes multiple parcels: 88.10-1-56-14 Town Shed Rd (1.15 acres), 88.10-1-58-3 Town Shed Rd (.26 acres), 88.10-1-59-11 Town Shed Rd (.89 acres), 88.10-1-53.2-6510 State Rt 8 (2.26 acres), 88.10-1-63-6480 State Rt 8 (1.01 acres), 88.-2-2.112-210 Horicon Avenue (6.75 acres).

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $450.0k $15.00
    − Vacancy −$36.0k −$1.20
    EGI $414.0k $13.80
    − OpEx −$124.2k −$4.14
    NOI $289.8k $9.66
    30,000 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.14M
    $3.62M – $4.83M (±1% cap)
    NOI $289,800 @ 7.0% cap · market cap 7.25%
    Second Best
    Industrial
    $2.65M
    $2.32M – $3.09M (±1% cap)
    NOI $185,543 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Office A
    $8.98M
    $7.86M – $10.48M (±1% cap)
    NOI $628,560 @ 7.0% cap · market cap 15.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    EZ Marine & Storage Car Dealership

    Suggested Use

    Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Storage Facility HVAC Service Cafe & Coffee Shop Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Horicon
    County
    Warren
    State
    New York
    Longitude
    -73.757475
    Latitude
    43.6731051

    FAQs

    What type of property is this?
    Marina - Full-service marine business for sale in the Adirondacks.
    Where is this marina located?
    The property is located at 11 Town Shed Road Horicon, NY.
    What is the asking price?
    The asking price for this property is $3,999,999.
    What are key features of this property?
    This property features: Established, profitable, full‑service marine business with 25+ years of operation and a strong reputation.; Strategically located in the Adirondacks near multiple popular boating destinations.; Substantial property: Over 12 commercially zoned acres with **over 30,000 square feet of well‑maintained improvements**.
    More about this property
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