15 Lane 130B Lake George Fremont, IN 46737
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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