Listing Agency: Tree City Realty g***@gmail.com Show Phone

Listed By: Glenda Taylor · License #334724

Source: Crexi

Added: Aug 30, 2024 Changed: Jul 6 Last Checked: Jul 30 at 4:09PM

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Investment Insights

Based on property information with market context.

This ready-to-operate marina in Rock Island, TN, features approximately 466 feet of waterfront. It includes 30 covered boat slips with year-round rentals and 57 dry storage units. The property features a ship store stocked with essential boating supplies, bait, snacks, drinks including beer and ice, and souvenirs. A full-service restaurant with a bar and commercial kitchen is also on-site. The marina includes an office, bonus room, and bath, with two additional baths for customers. Situated on approximately 5 acres, the property offers ample parking and potential expansion opportunities, such as rental cabins or additional dock space. Multiple income streams are possible from boat rentals, storage, the ship store, and the restaurant.

Key Highlights

• Turnkey, ready‑to‑operate marina with multiple income streams (boat rentals, storage, ship store, restaurant).
• Enjoy 466' +\/- of waterfront with 30 covered boat slips and 57 dry storage units.
• Full‑service restaurant with bar and commercial kitchen.

Property Analytics

Property Profile

Current Use

Cotten's Marina Marina

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Real Estate Agency Accounting Firm Cafe & Coffee Shop Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Explore this area Business Placement

Demographics for 38581, TN

4,354

Population

2,010

Households

2.2

Avg Household Size

45

Median Age

14%

College-Educated

88%

High-School Grad

98.0 sq mi

ZIP Area

44

Density / Sq Mi

$54,784

Median Household Income

$38,855

Median Earnings

$849

Median Rent

$161,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Marina - Ready-to-operate marina with multiple income streams in Rock Island.

Where is this marina located?

The property is located at 1967 Rock Island Rd Rock Island, TN.

What is the asking price?

The asking price for this property is $3,995,000.

What are key features of this property?

This property features: Turnkey, ready‑to‑operate marina with multiple income streams (boat rentals, storage, ship store, restaurant).; Enjoy 466' +\/- of waterfront with 30 covered boat slips and 57 dry storage units.; Full‑service restaurant with bar and commercial kitchen.