32 Venice St Jamestown, NY 14720

Property Details for 32 Venice St

Property size

11,700 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a thriving full-service marina situated on the picturesque Chautauqua Lake in Celoron, NY. Boasting approximately 5 acres of land and over 440 feet of desirable lake frontage, this property includes a diverse range of income-generating features. The marina offers numerous boat slips, storage facilities, a gas dock, a well-equipped mechanic shop, and rental services for boats and kayaks. Its strategic location provides easy access to local amenities, including gas stations, shops, restaurants, and the renowned Chautauqua Institution. The property comprises a series of substantial storage buildings, totaling over 47,500 square feet, including a 12,000 sq ft pole barn, a 14,000 sq ft storage barn, a newer 5,000 sq ft pole barn facing the water, a 6,500 sq ft pole barn, and a 9,000 sq ft L-shaped pole barn. A significant 6,000 sq ft workshop and showroom area has been completely rebuilt with insulation. Heavy-duty marine equipment is included in the sale, encompassing a 30-ton travel lift, a 10-ton diesel forklift, a bobcat boat mover, various attachments, a four-wheeler, a people mover, and comprehensive shop air compressor systems. This established marina, the third largest on Chautauqua Lake, holds a concession contract with New York State, awarded in 2008, which requires application for renewal. The asking price is $1,475,000. This presents a rare chance to acquire a well-established and profitable marina business with significant potential for growth.