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    15 Ln 130B Lk Fremont, IN 46737

    For Sale
    $1,495,000

    Profitable Indiana Marina, Stunning Lake Views

    Property size:
    24,952 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional opportunity to acquire a thriving marina on the shores of Lake George in Fremont, Indiana. This 2.27-acre property, situated on two parcels, features three buildings totaling 24,952 square feet. The main building, a captivating lakefront structure of 5,952 square feet, boasts a 50x60 showroom, an office with a full bath, and a heated, 40x60 shop with water access. A second lakefront building, exceeding 5,000 square feet, provides ample boat storage with convenient sliding doors and a strategically placed ramp for easy boat access. A substantial third building, offering 14,000 square feet of storage space, includes power and gas connections and a 16x16 overhead door. The property is currently zoned Lake Residential with a special exception. The buildings were constructed in 1982 and feature 13-foot ceilings. The asking price for this exceptional property is $1,495,000. Note that an additional purchase option exists: three more parcels (one acre total) with an additional 10,000 square foot building are available for a combined price of $1,995,000 for all five parcels totaling 3.27 acres and four buildings. This presents a unique opportunity for significant expansion and increased revenue potential. This prime waterfront location offers breathtaking panoramic views and significant potential for growth within a desirable lakeside community.

    Property Features for 15 Ln 130B Lk

    General Information

    Property type
    Marinas
    Square Feet
    24,952 SF
    Lot Size
    98,881 SF

    Building Details

    Year Built
    1982
    Buildings
    3

    HighLights

    • 2.27‑acre marina property on Lake George in Fremont, Indiana.
    • Three buildings totaling 24,952 square feet: a 5,952 SF main building with showroom, office, and shop; a 5,000+ SF boat storage building; and a 14,000 SF storage building.
    • Panoramic lake views.
    • Lake residential zoning with special exception; additional 3 acres with a 10,000 SF building available for $1,995,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marinas

    Map

    City
    Fremont
    County
    Steuben
    State
    Indiana
    Longitude
    -84.9997106
    Latitude
    41.75346

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    FAQs

    What type of property is this?
    Marina - Profitable Indiana Marina, Stunning Lake Views
    Where is this marina located?
    The property is located at 15 Ln 130B Lk Fremont, IN.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: 2.27-acre marina property on Lake George in Fremont, Indiana.; Three buildings totaling 24,952 square feet: a 5,952 SF main building with showroom, office, and shop; a 5,000+ SF boat storage building; and a 14,000 SF storage building.; Panoramic lake views.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Ln 130B Lk Fremont, IN 46737
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