For Sale
$995,000

1511 98Th St Grove, OK 74344

Waterfront Marina, 15,302 SF, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 15,302 square foot mixed-use marina property in Grove, Oklahoma, presents a unique redevelopment opportunity. Located at 1511 98th St NW, 74344, this 131,551 square foot lot boasts a scenic waterfront location with direct access and stunning views. Currently operating at 100% occupancy, the property includes eight buildings and four updated cabins, each leased annually at $1,000 per month. Built in 1975 and extensively renovated in 2023, this single-tenancy property offers significant potential for expansion. The existing infrastructure provides a solid foundation for a variety of redevelopment projects, capitalizing on the growing demand for waterfront leisure and recreation. The property's prime location attracts both tourists and locals year-round, ensuring a strong potential for increased revenue and return on investment. This is a rare chance to acquire a well-situated marina with substantial upside in a desirable location. The asking price is $995,000. This investment presents a compelling opportunity to transform this existing marina into a premier destination.

Highlights

  • 15,302 SF mixed-use marina property in Grove, OK, on a 131,551 SF lot with waterfront access.
  • Currently 100% occupied with eight buildings and four updated cabins, each leased annually at $1,000/month.
  • Built in 1975, extensively renovated in 2023, offering redevelopment potential.
  • Prime waterfront location with stunning views, attracting tourists and locals.
  • Asking price: $995,000.

Property Details for 1511 98Th St

Property type
Specialty properties, Marinas
Square Feet
15,302 SF
Year Built/Renovated
1975/2023
Buildings
8
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 - Waterfront Marina, 15,302 SF, High Potential
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: 15,302 SF mixed-use marina property in Grove, OK, on a 131,551 SF lot with waterfront access.; Currently 100% occupied with eight buildings and four updated cabins, each leased annually at $1,000/month.; Built in 1975, extensively renovated in 2023, offering redevelopment potential.
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1511 98Th St
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