For Sale
$995,000

1511 98Th St Grove, OK 74344

Grand Lake Marina: Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
Exceptional redevelopment opportunity at Barker's Marina, a 15,302 square foot mixed-use property situated on a sprawling 131,551 square foot lot in Grove, Oklahoma. This 100% occupied marina, built in 1975, consists of eight single-story buildings housing four updated cabins and two versatile storefront spaces. The property's prime location on Grand Lake offers breathtaking waterfront views and direct water access, presenting significant potential for increased revenue generation. The existing infrastructure provides a solid foundation for a variety of development plans, catering to the growing demand for waterfront leisure and recreation. The current configuration includes four renovated cabins and two retail spaces, ideal for restaurants or other businesses serving both residents and tourists. The substantial lot size allows for expansion, with the possibility of adding more cabins or other amenities to enhance the property's appeal and profitability. This is a unique chance to acquire a well-located, established marina with considerable upside potential in a desirable tourist destination. The property is zoned for mixed-use, retail, and special purpose, offering flexibility for future development. The asking price is $995,000. The property's address is 1511 98th St NW, Grove, OK 74344.

Highlights

  • Exceptional Investment Opportunity
  • 100% Occupancy Rate
  • Modern Cabin Upgrades

Property Details for 1511 98Th St

Property type
Specialty properties, Marinas
Square Feet
15,302 SF
Year Built
1975
Buildings
8
Stories
1
Units
4

Location Insight

City
Grove
County
Delaware
State
Oklahoma
Latitude
36.6250891
Longitude
-94.8102107

FAQs

What type of property is this?
Specialty property - Grand Lake Marina: Redevelopment Opportunity
Where is the specialty property located?
The property is located at 1511 98Th St Grove, OK.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Exceptional Investment Opportunity; 100% Occupancy Rate; Modern Cabin Upgrades
How can I contact the broker?
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1511 98Th St
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