Waterfront Marina and
8106 W PORT BAY RD Wolcott, NY 14590
8106 W PORT BAY RD, Wolcott, NY, 14590
$549,000
For Sale
$549,000
Fully renovated turnkey marina and restaurant with modular floating docks and a dining setup for on-site service.
Property Size2,905 SF
Price / SF$188.98
Days on Market124
Property Features for 8106 W PORT BAY RD
General Information
- Standard status
- Active
- Size
- 2,905 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1975
Listing agency
Keller Williams Realty Gateway
(585) 256-4180
Listed by
Stephanie Ide · License #10301221985
(585) 256-4180
Source
Xome
Added: Mar 21 Updated: Jul 21 at 8:06PM Checked: Jul 21 at 8:06PM
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 Keller Williams Realty Gateway
Investment Insights
Based on property information with market context.
Located at 8106 W Port Bay Rd in Wolcott, NY, this fully renovated marina and turnkey restaurant combines on-water operations with ready-to-run hospitality. The restaurant includes a spacious dining area for up to 120 guests and outdoor seating for an additional 70 guests, along with new equipment such as a freezer and pizza oven for immediate service.
The marina features upgraded modular floating docks accommodating up to 32 boats and two dedicated jet ski docks. Existing revenue streams include seasonal dockage, a boat launch, and a marine fuel station.
In addition, the property includes a versatile multi-use 1-acre parcel directly across West Port Bay Road. The restaurant is described in the offering as the only restaurant on Port Bay, positioned to serve both local demand and seasonal visitors.
The marina features upgraded modular floating docks accommodating up to 32 boats and two dedicated jet ski docks. Existing revenue streams include seasonal dockage, a boat launch, and a marine fuel station.
In addition, the property includes a versatile multi-use 1-acre parcel directly across West Port Bay Road. The restaurant is described in the offering as the only restaurant on Port Bay, positioned to serve both local demand and seasonal visitors.
Key Highlights
- Fully renovated waterfront marina and restaurant with beach access and loading dock
- Restaurant dining for up to 120 guests plus outdoor seating for an additional 70
- New restaurant equipment includes a freezer and a pizza oven
Local Financial Insights For Specialty 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 | $53.7k | $18.48 |
| − Vacancy | −$2.3k | −$0.78 |
| EGI | $51.4k | $17.70 |
| − OpEx | −$12.9k | −$4.43 |
| NOI | $38.6k | $13.28 |
2,905 SF · lease $18.48/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$551.0K
$482.2K – $642.9K
NOI $38,572 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$782.6K
$684.7K – $913.0K
NOI $54,779 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bayfront Construction Services
Construction Company
The Bayfront Marina
Marina
Brandon's Bayfront
Bar & Pub
Candock Upstate NY
Construction Company
Sammy T’s At The Bayfront ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Marina - Fully renovated turnkey marina and restaurant with modular floating docks and a dining setup for on-site service.
Where is this marina located?
The property is located at 8106 W PORT BAY RD Wolcott, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Fully renovated waterfront marina and restaurant with beach access and loading dock; Restaurant dining for up to 120 guests plus outdoor seating for an additional 70; New restaurant equipment includes a freezer and a pizza oven
