Listing courtesy of Coldwell Banker Bain 360-425-3020
$1,150,000
Rare opportunity to own a fully operational marina on the iconic Columbia River offering strong income and long-term upside. This well-positioned waterfront asset features 29 covered slips and 21 open moorage spaces, catering to a wide range of boating needs and ensuring consistent tenant demand. The property is further enhanced… Read More by multiple income streams, including an income-producing floating home and a separate rental residence—providing diversified revenue beyond moorage. A community center with bathroom and utility room adds convenience for tenants and enhances the overall appeal of the marina. Ample on-site parking supports ease of access and functionality for slip holders and guests alike. At the current list price, the property delivers an impressive 11% cap rate, making it an exceptional investment opportunity in a highly desirable recreational corridor. Whether you’re an investor seeking strong cash flow or an owner-operator looking to expand, this marina combines location, scale, and income potential in a truly rare offering. Read Less
Listing courtesy of Coldwell Banker Bain 360-425-3020
Listing Snapshot
Cumulative Days On Market
18
Days on Website
17
Last Updated
Property Type
Commercial Industrial
Lot Size
2.63 Acres
Year Built
1940
Property Tax
$7,100
MLS Number
2502880
30 Days Snapshot Of 98632
$422k
+3%
(avg) sold price
46
+2%
homes sold
81
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 0, Structure Type: "Unspecified", Year Built: 1940
Expenses
Other Expense: 29570
Fireplaces
Fireplaces Total: 0
Water Features
Water Front Features: "River"
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 131581
Lot
2 acres, 114563 square feet
Parking
Parking Total: 12, Parking Uncovered Total: 12
Property
Topography: Level
Sewer
Sewer: "Septic Tank"
Utilities
Electric Expense: 6000, Power Company: Cowlitz PUD, Power Production Type: "Electric", Water Company: City of Longview, Water Source: "Public"
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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