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Bridgeton, NC - Bridgeton Harbor Marina
Why Buy This Property
Turn-key Operation -
Premier Location - The marina is located on the eastern shore of the Neuse River which has historically been a safer harbor from hurricane weather. It is located across from New Bern in the Town of Bridgeton.
2007 Construction - The docks were built in 2007 with high-quality construction to provide low maintenance.
Upside Opportunities - Potential income generators include expansion of the slips, fuel services, and development of the Bridgeton Yacht Club, restaurants, hotel and other commercial facilities.
Description
The marina currently has 137 wet slips total (40'-150'), inclusive of 114 dedicated slips and 23 transient side-tie slips available for monthly rental. Under the previously issued permit (Permit 42-04) March 19, 2004, the State of North Carolina Department of Environmental Quality (DEQ) and Coastal Resources Commission (CRC), formerly known as the North Carolina Department of Environment and Natural Resources (NCDENR), authorized the potential for a total of 198 wet slips.
The marina operates from a 1,624 sq. ft. manufactured office style clubhouse building. There is also a 4,000 sq. ft. shop/warehouse with a 3-ton crane and a freestanding leased commercial building.
Property Location
Auction / Date / Time
November 06, 2020 2:00 P.M. ESTProperty Video
Offering Strategy
$1,000,000 - MINIMUM BID AUCTION - This property will be sold subject to a Minimum Bid of $1,000,000 and the Terms of Sale. This is a sealed bid auction event. Bidders may bid for the marina (tract A) or, any combination of tracts or the entirety. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.
Inspection Dates
Inspection dates for the marina and all of the land tracts begin at the marina office at 10:30 a.m.on September 22 October 6, 20 & 27.
On these dates representatives of the auction company will provide tours of the properties and be available to answer questions. Please call (312) 278-0600 extension 101 to schedule your inspection.
Registration and an acceptable form of government-issued photo identification is required by all persons attending any and all property viewings.
Auction Location
Sealed Bid Auction- This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet is required to bid. Bidders are required to submit a wire-transferred auction deposit to the Title Company listed in the Purchase and Sale Contract and fill in and sign the auction Purchase and Sale Agreement in order to bid. See Bidder's Information Packet for more details.
Bids are to be delivered to Fine & Company LLC via email to info@fineandcompany.com on or before 2:00 p.m. Local Time on November 6th. The bidding instructions are contained in Bidder's Information Packet. The Terms of Sale and the Purchase and Sale Contract are important for you to review and understand. Should you have any questions, please contact Fine & Company at 312.278-0600 extension 101.
Bids received after the bid deadline will not be eligible for consideration and will be returned to the sender.
Details
Certified Funds To Bid : $60,000
Buyer's Premium (Buyer's Fee) : 10% of the bid price
Order Bidder's Information Packet
A Bidder's Information Packet is required to bid. The packet includes auction and property information, title report, environmental reports, permits, rent roll, expense report, survey, real estate tax bill, local information, auction purchase and sale agreement, auction deposit agreement, North Carolina Broker Agency disclosure and terms of sale.
Bidder's Information Packets are available in PDF format for $30.00 and additional $30.00 for the land tracts. To order your Packet click on the link below and download the Bidder's Information Packet Order Form or call us at 312-852-8523 ext. 101
Contact Us
Fine & Company LLC
Michael A.Fine, CCIM, CAI, AARE
Illinois, United States
312-852-8523
michael@fineandcompany.com
Additional Information
Other Information
Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to th REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.
Licensing : Fine & Company, LLC, Licensed North Carolina Broker
Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet.
Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.