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215 W Water St - Grafton Harbor

5,000 SF Speciality Building Offered at £5,059,444 in Grafton, IL 62037

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Investment Highlights

Blended Cap Rate 8.6%
Value-add Opportunity Dry Storage (racks) Building – Approved
The Hakuna Matata – 53' All-weather Tour Boat (included)

Approx. Total Slips 304
Deferred Maintenance – Minimal, if any

Executive Summary

Approx. Total Slips: 304
Deferred Maintenance: Minimal, if any
Property / Submerged Lands: Long-Term Leased, Renewable
Value-add Opportunity: Lot Approved for Dry Storage Building

Grafton OM 6.45 v1

Property Facts

Price	£5,059,444	Property Subtype	Marina
Price Per SF	£1,012	Lot Size	7.94 AC
Sale Type	Investment or Owner User	Building Size	5,000 SF
Sale Conditions	Ground Lease Sold Business Value Included	Number of Floors	2
Property Type	Speciality	Year Built/Renovated	2006/2018

Price	£5,059,444
Price Per SF	£1,012
Sale Type	Investment or Owner User
Sale Conditions	Ground Lease Sold Business Value Included
Property Type	Speciality
Property Subtype	Marina
Lot Size	7.94 AC
Building Size	5,000 SF
Number of Floors	2
Year Built/Renovated	2006/2018

About 215 W Water St , Grafton, IL 62037

Known as "The Key West of the Midwest" Exceptional Covered and Open Wet Slips with Full Amenities Fabulous (seriously) Restaurant upstairs, Leased and Operated by Tenants Winery Owned and Operated by Owners Hakuna Matata - 53' All-weather Tour Boat (included) Protective Break-water encompassing the Marina Floating "ARRR Bar", Laundry Mat, 2 Offices

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