Technical
Financial
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Property profile

15 Lane 130B Lake George Fremont, IN 46737

OFF-MARKET
Specialty properties
24,952 SF 2.27 ac lot Built 1982
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 1982
Total area 24,952 SF
Lot 2.27 ac (98,881 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marina

Location

15 Lane 130B Lake George Fremont, IN 46737
Fremont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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