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800 N Front Street Burlington, IA 52601 • Commercial - Investment

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Description

Bluff Harbor Marina presents a rare opportunity to acquire an established, full-service marina and commercial waterfront property directly on the Mississippi River in Burlington, Iowa. Offered at $1,200,000, the property includes approximately 6.94 deeded acres and a 130-slip marina with fuel service, marine service facilities, lift-truck capabilities, retail/parts operations, extensive storage and multiple buildings totaling approximately 27,000 SF of assessor-listed improvements. The marina has served the regional boating community for more than 30 years and offers multiple established revenue streams, including slip rentals, fuel, service, parts, retail and marine sales. Slip rental income posted 14% year-over-year growth. With a protected harbor, direct Mississippi River access, substantial existing infrastructure and significant waterfront acreage, Bluff Harbor offers opportunities for continued marina operations, expansion, repositioning or future waterfront redevelopment. An exceptional opportunity for marina operators, marine dealers, investors or developers seeking a unique Mississippi River asset.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1994
Lot Size: 6.94 acres

General Information

County: Des Moines
Subdivision: BURLINGTON
Listed By:
Midwest Realty Group 319-237-1139
No Coast MLS
$1,200,000
Est. $8,488/mo
Active
MLS#6342812
STATUS PROPERTY TYPECommercial - Investment SUBDIVISIONBURLINGTON

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Ruhl&Ruhl Realtors
563.441.1776

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800 N Front Street, Burlington, IA 52601.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,200,000$1,200,000$1,200,000
Down Payment $42,000$0$240,000
Monthly Mortgage Amount $7,839$8,155$6,468
Taxes $1670$1670$1670
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $720$0$0
Monthly Estimated Total $10,579$10,175$8,488

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About this area

Iowa/Burlington
Burlington

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About Burlington

Burlington, IA is situated near the Mississippi River in Des Moines County and is home to one of the world’s most crooked alleys—Snake Alley. The city is surrounded by a myriad of outdoor recreation, family activities, and dining experiences. It sits in the middle of a metropolitan region with the surrounding areas being West Burlington, Middle Town, and Gulf Port.

Burlington is a rapidly growing city in many different areas. The downtown area is full of shops and places to eat as well as historical homes lining the downtown streets. The city is also home to the famous NFL quarterback Kurt Warner who won two NFL MVP awards. On summer nights you will hear your city’s pride for their semi-pro baseball team—the Burlington Bees—straight from your home’s backyard. Burlington is also home to Iowa’s oldest newspaper, The Hawk Eye. Lastly, the first backhoes rolled off the assembly line at the Burlington Backhoe plant in 1967, which is now the only plant in the United States that produces the Case Loader/Backhoe, giving Burlington the nickname Backhoe Capital of the World.

Homes for sale in Burlington range from riverfront views to new construction neighborhoods. The community is served by the Burlington Community School District, which features many K-12 schools.

If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Burlington, IA. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Burlington
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776

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