Property Details
Status: Sold
| Location | Grafton, Illinois |
| Address | 215 West Water St, Grafton, IL 62037 |
| Facility type | Marina, winery and restaurant |
| Waterway | Confluence of the Mississippi and Illinois rivers |
| Slips | Approx. 266, covered and open, with full amenities |
| Capitalisation rate | 10% at the time of offering |
| Tenure | Property and submerged land leased, approx. 75 years plus a 100-year renewal |
| Zoning | Located in an Enterprise Zone |
| Included | Hakuna Matata, a 53 ft all-weather tour boat; dredge; elevated double-walled fuel tanks |
| On site | Winery owned and operated by the owners, restaurant leased to tenants, floating ARRR Bar, floating pool and hot tub, ship’s store, general store, gift shop, laundromat |
| Fuel | High-speed diesel and gasoline |
| Protection | Breakwater encompassing the marina |
| Value-add | Adjacent parcel approved for a dry storage building, included in the sale |
Sold through National Marina Sales.
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SOLD!
Marina with Illinois and Mississippi River Access:
Grafton Harbor in Grafton, Illinois
Located in an Enterprise Zone, Grafton Harbor is known as “The Key West of the Midwest”. The property has exceptional covered and open wet slips with full amenities. A fabulous (seriously) restaurant upstairs is currently short-leased and operated by tenants (who want a long term lease). The winery is owned and operated by the owners of the marina. The property has abundant public parking. The marina also provides close access to St Charles and St Peters by Ferry.
