1511 98Th St Grove, OK 74344
- Specialty properties
- 15,302 SF
Current Use by Public Records
- Specialty properties
Property Details for 1511 98Th St
- Year built
- 1975
- Property size
- 15,302 SF
- Property type
- Specialty properties
- Property subtype
- Marinas
Description
This exceptional 15,302 square foot mixed-use marina property in Grove, Oklahoma, presents a unique redevelopment opportunity. Located at 1511 98th St NW, 74344, this 131,551 square foot lot boasts a scenic waterfront location with direct access and stunning views. Currently operating at 100% occupancy, the property includes eight buildings and four updated cabins, each leased annually at $1,000 per month. Built in 1975 and extensively renovated in 2023, this single-tenancy property offers significant potential for expansion. The existing infrastructure provides a solid foundation for a variety of redevelopment projects, capitalizing on the growing demand for waterfront leisure and recreation. The property's prime location attracts both tourists and locals year-round, ensuring a strong potential for increased revenue and return on investment. This is a rare chance to acquire a well-situated marina with substantial upside in a desirable location. The asking price is $995,000. This investment presents a compelling opportunity to transform this existing marina into a premier destination.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grove
- County
- Delaware
- State
- Oklahoma
- Longitude
- -94.8102
- Latitude
- 36.6251
