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Drifters Marina & Grill

2 Properties Offered at £6,075,300 in Copperopolis, CA

Investment Highlights

  • Fee Simple Ownership
  • 48 Wet Slips / 19 Dry Storage Bay Slips
  • Waterfront Condominium located above the business included in the sale
  • The only waterfront bar & grill on Lake Tulloch
  • Sole self-service marine fuel provider
  • Opportunities for expansion include acquisition of an adjacent, undeveloped lot and establishing a boat rental business

Executive Summary

SVN Marinas, in partnership with SVN Vanguard, proudly presents Drifters Marina & Grill. Nestled along the picturesque shores of Lake Tulloch, California, this unique business enjoys a steady influx of seasonal visitors, drawn to one of the most sought-after vacation destinations in the Sierra Nevada Foothills, conveniently located just east of Modesto and Stockton in Calaveras County.
The marina boasts 48 wet slips and 19 dry slips, offering a range of amenities, including dockside fueling, waterfront dining, a private launch, advanced security, and ample parking. The dry slips, situated in covered garage bays behind the restaurant, allow tenants to store, maintain, and launch their boats with ease.
Drifters Marina & Grill is the only supplier of self-service marine fuel on Lake Tulloch, meeting high demand from a captive audience of boaters. The restaurant, renowned for being the only waterfront dining venue on the lake, holds an exclusive liquor license, attracting a large crowd throughout the busy season from March to September.
Included in the sale of Drifters Marina & Grill is a 2-bedroom, 1-bathroom condominium located above the restaurant, offering expansive lake views. This unique feature provides ownership with convenient on-site living or can be used as a vacation rental in this highly desirable location.

Property Facts

Price £6,075,300
Price / SF £567.79 / SF
Net Initial Yield 6%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,700 SF
Total Land Area 3.37 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
6603 Lake Tulloch Pl, Copperopolis, CA 95228 Speciality 9,000 SF - -
6603 Lake Tulloch Pl, Copperopolis, CA 95228 Retail 1,700 SF 2012 -
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  • Listing ID: 33510977

  • Date on Market: 14/10/2024

  • Last Updated:

  • Address: Drifters Marina & Grill, Copperopolis, CA

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