Bells Marina - Historic Business on Lake Marion For Sale (Deeded Land)

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30152001
Property Subtypes: Convenience Store, Free-Standing Building, Parking Facility, Restaurant, Service Station/Gas Station, Other
Status: Pending/Contingent
Building Size (RSF): 22,514 SF
Gross Building Area: See Agent
Gross Land Area: 6.40 Acres
Sale Price: $3,200,000
Unit Price: $142.13 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 10/15/2019

Overview / Comments

Here is your chance to own a historic business that has been part of the low country since 1920, on the lakes, with multiple cash flow streams. Bells Marina sits on a fully deeded 6.4 acre deep water parcel. The business has a full range C-store and gas station, restaurant, camp ground (35 full hook ups), 12 room hotel, club house, marina, 25 boat docks, boat refueling station, 2 boat ramps, 2 warehouse spaces (one is rented out), and a nice home that an owner or manger could live in on site or rent out. The business has a very strong customer count year round and the last full renovation was 2008 with a lot of room for future expansion. This is a great opportunity for the right person to grow to the next level. It is located less than 15 minutes from the new Volvo Factory site and will no doubt see an increases in traffic with the growth in the area.

Additional Details

Nearest MSA: Orangeburg
County: Orangeburg
Submarket/Township: 83 - Orangeburg County
Tax ID/APN: 361-14-05-006
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 7
Number of Stories: 1
Year Built: 1958
Year Renovated: 1990

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 762 5,021
Median Age: 56.47 44.38
Households: 383 2,027


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