1967 Rock Island Rd Rock Island, TN 38581
For Sale
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This exceptional turnkey business opportunity encompasses Cottens Marina, a thriving waterfront establishment situated on approximately 5 acres in Rock Island, Tennessee. The property boasts 466+ feet of waterfront, complete with 30 covered boat slips offering year-round rentals and 57 dry storage units. A well-stocked Ship Store provides essential boating supplies, bait, snacks, beverages (including beer and ice), and souvenirs. A full-service restaurant, featuring a bar and commercial kitchen, complements the marina's offerings. The property also includes an office, bonus room, and bath, along with two additional customer bathrooms. A substantial 3000+ square foot, three-level residential home is included, suitable for owner occupancy, manager's quarters, or lucrative short-term rentals. This home features an attached garage and covered porches with stunning river views. Ample parking is available, and the expansive acreage presents significant expansion potential, including the addition of rental cabins or extra dock space. Multiple income streams from boat rentals, storage, the Ship Store, and the restaurant ensure a diverse and robust revenue model. This is a truly unique opportunity to acquire a well-established and profitable waterfront business. The asking price is $5,500,000. Located at 1967 Rock Island Rd, Rock Island, TN 38581.
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Cotten's Marina Marina
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.