Wharf Harbor Marina

99 Alexander Ave Peoria, IL 61603

99 Alexander Ave, Peoria, IL, 61603
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FOR SALE
Property Type:
Marinas
Amount:
$999,999
Last Verified:
Aug 08, 2024

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Highlights

  • 100 Wet Slips
  • 16 Covered Slips
  • Electric and Water Hook-Ups
  • Space to Add an Additional 50 Wet Slips
  • Full Service and Parts Department
  • Retail Ship Store Ready for Liquor License
  • Yacht Sales Showroom
  • Launch Ramp and Jetty
  • 2 Travel Lifts - 30,000 lb. & 60,000 lb. Capacity
  • Gas Dock With New Dispenser
  • Waste Pump-Out
  • Indoor and Outdoor Dry Storage
  • 16 RV Pads with Water and Electric
  • Restrooms & Showers
  • WiFi
  • Fully Integrated Marina Management Software
  • Adjacent to the Iconic Alexanders Steakhouse
  • Important Stop on the "Great Loop" Between Chicago and St. Louis
  • Peoria is the Largest City on the Illinois River

Description

This is an amazing opportunity to own a well-established Marina in a market that is underserved and poised for growth. Wharf Harbor Marina is a 100 slip, full-service marina that sits on 22.5 picturesque acres on the Illinois River just 2½ miles north of the Peoria Central Business District. The real estate and all assets of the business are included in the sale. There is the potential to add an additional 50+ wet slips. The newly renovated retail store is ready for a liquor license. New boat dealerships in the region are virtually non-existent between Chicago and The Lake of the Ozarks in Missouri. This site is the perfect location for a regional multi-brand sales & service operation. This site is also strategically located between Komatsu and O'Brien Steel and could easily be converted to a barge terminal. Peoria is the largest city on the Illinois river which is a critical leg of the ‘Great Loop’ between Chicago and St Louis. With several hundred Yachting enthusiasts called ‘Loopers’ making that scenic journey per year, this site could easily become a major destination. Bring your marina management expertise to a loyal clientele and region that yearns to support a modern, full-service marina facility. Call David Coupe at 847-812-8414 for a full Offering Memorandum and tour this exceptional property.

Wharf Harbor Marina is located in central Illinois just 2½ miles north of the Peoria Central Business District on the Illinois River.

Peoria is the largest city on the Illinois River. As of the 2010 census, the city had a population of 115,007 making it the eighth-most populated in Illinois, the second-largest city in Central Illinois after the state capital, Springfield, and the third-largest outside the Chicago metropolitan area. It is the principal city of the Peoria Metropolitan Statistical Area in Central Illinois.

Peoria is a major port on the Illinois River and a trading and shipping center for a large agricultural area that produces maize, soybeans, and livestock. Although the economy is well diversified, the city's traditional manufacturing industries remain important and produce earthmoving equipment, metal products, lawn-care equipment, labels, steel towers, farm equipment, building materials, steel, wire, and chemicals. Medicine has also become a major part of Peoria's economy. In addition to three major hospitals, the USDA's National Center for Agricultural Utilization Research, formerly called the USDA Northern Regional Research Lab, is located in Peoria. This is one of the labs where mass production of penicillin was developed.

Peoria is also a crucial stop on the ‘Great Loop’ which is a 6,000-mile circumnavigation of the eastern portion of North America which every year several hundred to over one thousand yacht enthusiasts cruise aboard their own boats. The route, which is primarily comprised of protected waterways, takes you through 15+ states and provinces and includes the Atlantic Intracoastal Waterway, Chesapeake Bay, the New York State Canals, the Great Lakes, the Canadian Heritage Canals, the inland rivers of America’s heartland, and the Gulf of Mexico. Peoria is a strategic stop on the 1,300-mile leg between Chicago and the Gulf of Mexico.


Year Built: 1980
Building Size: 23700sq ft
Lot Size: 22.5 acres


Documents

SALE OM

Map of 99 Alexander Ave, Peoria, IL, 61603

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