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    Turnkey Resort and Marina Opportunity
    Updated: May 18, 2023
    Turnkey Resort and Marina Opportunity

    14424 West Bay Road, Sterling, NY 13156

    $1,500,000
    10,276 sqft 5.50 AC lot
    Turnkey resort and marina opportunity on 5.5 acres in Fair Haven.
    Located on Little Sodus Bay, ideal for canoeing, kayaking, swimming, and fishing.
    Diverse lodging options: 4 cottages, 4 double wide modular homes, and an oversized brick Victorian house.
    Features 45 docks, providing ample mooring space.
    Property contains 13 buildings, including a boathouse, laundry buildings, and a workshop.
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    This listing looks promising.

    Here's a quick look at some key insights for

    14424 West Bay Road, Sterling, NY 13156

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $83K
      Annual

    • Price @ 7% Cap

      $1.18M
      Suggested

    • Last Sold

      May 1996
      $540K
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sterling, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Marina Property with 21 Slips
    Marina Property with 21 Slips

    1296 Oak Orchard Road, Waterport, NY 14571

    $769,000
    2,544 sqft 1.28 AC lot

    Waterfront property on Oak Orchard Creek includes multiple residences, a 2-car garage, and 21 boat slips.

    View details
    Turn-Key Marina For Sale
    Turn-Key Marina For Sale

    Waterport, NY 14571

    $1,250,000

    Fully operational marina with established infrastructure and waterfront views.

    View details
    Waterfront Dockside Land and Docks
    Waterfront Dockside Land and Docks

    15 Front Street, Central Square, NY 13036

    $699,900
    0.69 AC lot

    Nearly 280 feet of waterfront with 190 feet of cement docks, plus floating docks, paved parking, and on-site storage.

    View details
    Waterfront Property with Dockage
    Waterfront Property with Dockage

    15 Front St, Central Square, NY 13036

    $699,900
    0.69 AC lot

    Waterfront property in Central Square with existing dock rentals.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land with Pond Shoreline Access
    Development Land with Pond Shoreline Access

    100 Demars Boulevard, Tupper Lake, NY 12986

    $1,330,000
    45.00 AC lot

    Large mixed-zoned development site with shoreline access to Raquette Pond and existing utilities.

    View details
    Land in Roaming Shores, OH
    Land in Roaming Shores, OH

    2107 N Park Lane, Roaming Shores, OH 44084

    Contact for pricing
    0.24 AC lot

    Land offering recreational activities, lake access, and resort-style amenities.

    View details
    Waterfront Land in Far Rockaway
    Waterfront Land in Far Rockaway

    349 Beach 84th Street, Far Rockaway, NY 11693

    $475,000
    1.61 AC lot

    Waterfront land suitable for maritime and marine service operations.

    View details
    Riverfront Land in Point Pleasant
    Riverfront Land in Point Pleasant

    115 Channel Drive, Point Pleasant Beach, NJ 08742

    $2,900,000
    1,420 sqft 0.29 AC lot

    Prime riverfront land in Point Pleasant Beach's maritime hub.

    View details

    Sterling, NY Marinas Market Trends and Statistics

    Explore 1 marinas for sale in Sterling, NY on our real estate platform. These investment opportunities span a total of 10,276 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for boat yards in Sterling, NY start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Marinas 1

    Demographics Overview

    Population 2,108
    Population Growth (5Y) +11.2%
    Median Household Income $70,662
    College Educated 39.2%

    High-Yield Neighborhoods for Investment

    Identify Sterling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    13156 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.43%
    Property Tax per SF $83.73 per SF
    Tax Rate vs County Average 0.55 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cayuga County

    Residential Income

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