7434 Fair Haven Rd Homer, NY 13077

This exceptional mixed-use property, The Glen Haven Marina, presents a unique investment opportunity on the coveted Skaneateles Lake in Homer, NY. The 5.8-acre waterfront site boasts over 1,100 feet of private shoreline and includes a thriving, full-service restaurant and a marina with 40 boat slips (all currently leased on a year-by-year basis). The restaurant operates under a net lease with 9.3 years remaining (commencing February 1, 2023, and expiring February 28, 2034), ensuring consistent income. The property features a three-story building totaling 4,788 square feet, renovated in 2014, and includes a private third-floor living space. The marina generates substantial annual income, exceeding $115,000, and offers a private boat launch membership program, adding to its revenue streams. The property also presents potential for expansion, with room for an additional 12-15 boat slips. The asking price is $1,750,000 ($365.50/sq ft), reflecting the property's prime location, established business, and significant development potential. The property is zoned commercial and includes ample parking for 100 vehicles. This turnkey operation is situated in a highly desirable location, offering a blend of established income and future growth opportunities. Built in 1900, this property is a rare find, combining a successful restaurant and a well-established marina business.