Property summary
This exceptional mixed-use property in Woodbridge, VA, presents a unique investment opportunity. The core of the offering is Hoffmaster's Marina, a well-established operation boasting 163 rental spaces: 71 uncovered wet slips, 59 covered wet slips, and 33 dry storage slips. Supporting the marina are two substantial buildings: a 2,366 square foot ship's store and a 4,800 square foot sales/service building. These structures, along with various ancillary improvements, sit on 3.23 acres across two tax parcels. The marina's infrastructure, originally constructed in 1958, has undergone several renovations over the years. Adding significant value is a charming single-family home situated on an adjacent 0.8018-acre lot, also encompassing two tax parcels. This residence offers 3 bedrooms, 2 bathrooms, and 2,454 heated square feet, including a finished basement, and a convenient 2-car detached garage. The entire property is listed at $5,500,000, offering a compelling blend of established commercial income and residential comfort. This is a rare chance to acquire a thriving waterfront business with significant residential potential in a desirable location. The property's size and diverse offerings make it an attractive investment for both seasoned and emerging entrepreneurs.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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