2981 South Danbury Road Port Clinton, OH 43452

This offering presents a boat storage development opportunity within The Cove on the Bay, a 44.5-acre master-planned waterfront community in Port Clinton, Ohio. The property consists of approximately 12.33 acres dedicated to boat storage, clearly defined and separated from residential condominium phases within the larger Cove on the Bay master plan. Conceptual plans support scalable development with flexibility for phased delivery based on demand and absorption, allowing for up to 40 buildings and approximately 80,000 square feet maximum build-out. The site is designed for premium covered storage, with planned building concepts accommodating large boats, RVs, and specialty recreational vehicles, with specifications suitable for year-round protection and access. The site supports traditional lease-up storage, individual building sales, or a hybrid approach allowing owner-users and investors to participate. The location benefits from immediate proximity to marinas, existing and planned dock slips, second-home communities, and seasonal tourism throughout the Lake Erie shoreline. The boat storage can be developed, sold, or operated independently from condominium approvals and residential construction timelines. The zoning framework is established for recreational and accessory commercial uses, subject to customary township approvals. The property's location is approximately 15 minutes to Marblehead, 25 minutes to Cedar Point, and under one hour to Put-in-Bay and Kelleys Island, supporting consistent seasonal and repeat storage demand.