83 W Tebco Ter, Long Beach Township, NJ 08008

Holgate Marina located just 2 miles from the Beach Haven Inlet...75 plus boat slips on 4 acres of property with the opportunity for significant expansion. Riparian grant/deeded water included in the sale. Business in existence for over 50 years w/ a built-in customer base. Boat slips create gross annual income of $220,000. Boat storage creates gross annual income of $20,000-$40,000. Active jet ski/pontoon boat rental operation on site and well established for over 10 years. Can be used for either continued rental income or run the operation itself for future expansion. Possible future residential development potential; Marine Commercial Zoning is most liberal on the island and Long Beach Township. 5 additional homes/mixed use possible. Equipment included: 2004 Komatsu FD117 Forklift capable of moving 26-27 ft vessels, a 2004 Kubota L48 Tractor. Various tools and store stock. Owner willing to hold a mortgage with qualified buyer w/ 25% down.