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Property summary
This exceptional waterfront property in Wolcott, NY, presents a unique investment opportunity. The fully operational marina features upgraded modular floating docks accommodating 32 boats and 2 jet ski docks, situated on a 0.42-acre lot on Port Bay. A fully equipped restaurant, ready for immediate operation, complements the marina, offering spacious indoor seating for 120 guests and an outdoor patio for 70. The restaurant is currently generating revenue through boat dockage, a fuel station, and on-site amenities. Across West Port Bay Rd, a versatile multi-use lot provides significant expansion potential. Opportunities abound to increase revenue streams through boat and equipment rentals, off-season services, and hosting various community events. This turnkey operation offers immediate income and substantial long-term growth prospects. The property's prime location and existing infrastructure provide a solid foundation for a thriving business. The combination of a successful restaurant and a well-maintained marina creates a synergistic business model with multiple revenue streams. This is a rare opportunity to acquire a profitable, established waterfront business with significant upside potential. The property is priced at $599,000.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company
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Marina
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Bar & Pub
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Construction Company General Contractor
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Wolcott market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
R · Wolcott, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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