Property profile

30 Central Ave Dunkirk, NY 14048

OFF-MARKET
Specialty properties
Property ID
US63-4250400
1,297 SF 2.58 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: Dunkirk Marina, a thriving waterfront business located at 30 Central Ave, Dunkirk, NY 14048, is available for sale. This 2.58-acre property boasts 1,297 square feet of building space, including a newly constructed (2022) bar and restaurant (1,297 sq ft) and a 600 sq ft restroom/shower/storage building. The marina features approximately 200 boat slips accommodating vessels up to 60 feet, complete with water, Wi-Fi, and 30-50 amp power. Extensive equipment is included in the sale, encompassing fueling and pump-out facilities, a 20-ton travel-lift, forklift, trailers, tractor, barge, crane, and a floating dock system. The property also includes a boatyard for summer and winter storage, repair facilities, a ship's store, and ample customer parking. The site offers significant waterfront frontage (850 ft) along with road frontage on Central Avenue (328 ft) and Lake Shore Drive East (242 ft). This C-1 zoned property is strategically positioned within Dunkirk's downtown revitalization area and is slated to receive approximately $2 million in improvements through NYS Downtown Revitalization Initiative (DRI) funding. The sale includes the existing marina business and equipment; a lease/licensing agreement with the City of Dunkirk is anticipated for the new operator, with other options possible. This is a rare opportunity to acquire a well-established, high-potential marina in a prime location on Lake Erie's sheltered southern shore.

Property profile

Verified
Property type Specialty properties
Total area 1,297 SF
Lot 2.58 ac (112,385 SF)
UPID US63-4250400

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
  • Tour Operator Travel Agency
  • Tour Operator Travel Agency
  • Marina
  • Tour Operator Travel Agency
  • Electric Vehicle Charging Station

Location

30 Central Ave Dunkirk, NY 14048
Dunkirk metro
Google Maps

Value estimations

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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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