An experienced broker ready to fit you with the investment opportunity of a lifetime!
28 acres of Deed Restricted Property along the water’s edge with 18 additional acres of which 6 is commercial and 12 acres can be dedicated to residential.
Harbor Lights Marina
9672 Hixson Pike, Soddy Daisy, TN 37379
$3.9 Million www.hlmarina.com
Property Description: Great Location! Harbor Lights on Lake
Chickamauga is one of Chattanooga’s most accessible marinas.
180 Dry storage slips, of which 75% Rented. 180 Wet Slips, of which 95% are rented. Of the total square footage, the breakdown is as follows:
Retail marina store - 400 sqft.,
Restaurant - 6,344 sqft.,
Boat Storage (1) -13,900 sqft.,
Boat Storage (2) - 18,125 sqft. Great opportunity to
expand on adjoining 5 acres of land (included in sale) for hotel, cabins,
or retirement living to rent by day, week or month.
Current Use: Currently used for recreational activities as
a marina with accompanying store and restaurant amenities.
Ownership Status: This property is currently owned by Hales Bar Marina
and Resort C/O Mid-Island Marina and S Corporation.
Integrate Commercial 6 acres with Marina Store for commercial development to include rv/boat dry storage covered parking with convenience store.
Develop Waters edge above deed restricted area as Estate Lots. The adjacent restricted land to be rental cabanas offered to the estate owners as yearly HOA rental to include water’s edge green space.
Develop High End RV Park Area that becomes RV Club.
Develop low density Town Home Section where current apartments are.
Options with sewer lines installed
Commercial 6 acres develop as High Density Convenience Shopping for community and surrounding community
Develop Villa model. The adjacent restricted land to be rental cabanas offered to the Villa owners as yearly HOA rental to include water’s edge green space.
Develop small cottage rental area that becomes time share club.
Develop patio home section where current apartments are.
Develop Master Plan Retirement Community to include:
High Density Convenience Shopping for Community, evaluate health care
Assisted Living at the point (Falls within TVA guidelines)
Independent Living Apartments where current apartments reside.
Independent Cottage Homes at water front.
RV center that is RV club
Wellness/Community Center adjacent to RV Area.