A FOR SALE OFFERING THE LEE SHORE MARINA 119 & 135 JOHNNY … · 119 & 135 JOHNNY MERCER BOULEVARD...
Transcript of A FOR SALE OFFERING THE LEE SHORE MARINA 119 & 135 JOHNNY … · 119 & 135 JOHNNY MERCER BOULEVARD...
A FOR SALE OFFERING THE LEE SHORE MARINA
119 & 135 JOHNNY MERCER BOULEVARD
SAVANNAH, CHATHAM COUNTY, GEORGIA 31410
PRESENTED BY
WHITLEY AND ASSOCIATES, INC.
800 COMMERCIAL COURT, SUITE TWO,
SAVANNAH, GEORGIA 31406
OFFERING DISCLAIMER
This offering summary has been prepared solely for informational purposes. It has been designed to assist a
potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject
property. While the information contained herein is from sources deemed reliable, it has not been independently
verified by the owner (Sasser Family Enterprises LP & Sasser Family Voting Trust, the owner’s agent (Whitley &
Associates, Inc.) or any of its affiliates. Therefore, neither the owner, the owner’s agent (Whitley & Associates, Inc.)
nor its affiliates make any representations with respect to the information. No representations or warranties,
expressed or implied are made and this document is provided subject to errors, omissions, and changes in the
information and is subject to modification or withdrawal. The contents herein are not to be reproduced without
the express written consent of the owner or any of its affiliates. The owner expressly reserves the right, at their sole
discretion, to reject any or all proposals or expressions of interest in the subject property and to terminate
discussions with any party at any time with or without notice. In addition, it is expressly understood, that any other
agent, prospective purchaser or purchaser has not relied on the information as contained herein and any decision
to acquire is based solely on the acquiring parties and it’s agents if applicable, independent personal inspections
and due diligence.
PROPERTY SUMMARY
Property Name: Lee Shore Marina
Property Address: 119 & 135 Johnny Mercer Boulevard
Savannah, Chatham County, Georgia 31410
Property Type: Existing Marina Operation/Redevelopment Opportunity
Site Area: Aggregate Approximate +-18.07 Acres
Building And Site Improvements: Building improvements include a former processing plant facility inclusive of mezzanine storage, a portable office
building, a former ice house, an equipment building and a restaurant-lounge. Marina docking includes concrete
stationary docking and floating docks. In addition to the ongoing marina related docking, the former wood stationary
docking exists to the north of the marine railway. Site improvements include shoreline bulk-headings, asphalt paved
drives and parking areas, grassed equipment - staging areas and various flowering bushes, shrubs and a few trees.
Zoning: Planned Waterfront Industrial
Offering Price: $3,250,000.00
For Additional Information Please Contact
Ben G. Whitley
Whitley & Associates, Inc.
800 Commercial Court, Suite Two
Savannah, Georgia 31406
Office: 912-355-9991
Mobile: 912-662-3482
Email: [email protected]
PHYSICAL ATTRIBUTES
PROPERTY DESCRIPTION
Address/Location : 119 & 135 Johnny Mercer Boulevard
Savannah, Chatham County, Georgia 31410
The subject facility/lands fronts along Turner’s Creek which commences at the Bull River to the north and terminates
at the Wilmington River (Intra Coastal Waterway) about 5 minutes (by water) south of the subject. The subject is about
15 minutes from the Warrsaw Sound/Atlantic Ocean via the Wilmington River and Skidaway River (Intra Coastal
Waterway).
Property Type/Use : Existing Marina (Lee Shore Marina) And/Or Redevelopment Opportunity
Site Size and Boundaries : The underlying land area is estimated to comprise an approximate +-18.07 Acres
The subject site approximates an aggregate +-18.07 acres of which approximately +-2.90 acres would be judged as non-
jurisdictional inclusive of an approximate estimated +-0.34 marine railway.
For an accounting of site boundaries, reference is made to a plat of survey included within the Addenda.
Access : Direct access to the subject lands is provided via an access easement having a surface signalized intersection with Johnny
Mercer Boulevard to the east.
Building and
Site Description : The subject asset current operates an ongoing marina operation known as Lee Shore Marina. Building improvements
include a former processing plant facility estimated to comprise approximately 4,284 square feet inclusive of mezzanine
storage, an approximate 1,150 square foot portable office building, an approximate 404 square foot former ice house,
an approximate 1,300 square foot equipment building and an approximate 2,561 square foot restaurant-lounge.
Marina docking includes approximately 124 lineal feet of concrete stationary dock and approximately 529 lineal feet of
floating dock. In addition to the ongoing marina related docking, the former wood stationary docking of approximately
365 lineal feet exists to the north of the marine railway.
Site improvements are minimal but include shoreline bulk-headings, asphalt paved drives and parking areas, grassed
equipment - staging areas and various flowering bushes, shrubs and a few trees.
Marina Expansion : The owner is currently entitled with Georgia Marsh Protection Committee permit which expires as of September 25,
2019 that approves the construction of additional docks, a ship’s store and the construction of a bridge. The permitted
project description allows for modifications at the northern docks to include removal of the existing former shrimping
fixed dock (6' x 365'). An existing 44' x 42 and 31' x 73 fixed concrete deck and 9' x 75' fixed dock will be repaired and
covered. The 31' x 73' portion of the existing deck can be refurbished for use as the Marina Office and ship store. Other
proposed marine related services permitted under the permit include a pavilion area, an ice maker, and live bait tanks
to be located under the covered deck area.
A new 5' x 5' fixed platform shall be permitted north of the existing fixed concrete dock, a 4' x 50' aluminum gangway
is scheduled to extend channelward from the platform and land on a 10' x 10' floating dock and will connect to a new
8' x 640' floating dock that will traverse north and parallel with the bank. A 8' x 60' connector floating dock would extend
channelward from this floating dock and connect to another 8' x 590' floating dock traversing parallel with the bank.
Water, electricity and sewage pump-out will service the docks.
If completed as proposed the construction would result in approximately 2,468 lineal feet of docking space sufficient to
accommodate approximately 80 vessels.
The docks would extend approximately 60' feet into the waterway where Turners Creek is approximately 300" mean low
water to mean low water.
To connect the northern and southern portions of the asset currently segregated by the existence of a marine railway,
the permit allows for the development of a 20' x 100' wooden bridge over the aforementioned rail basin.
Reference is made to the Addenda for a photocopy of the permit, correspondence from the Georgia Department of
Natural Resources and proposed development plans.
Zoning : The property is currently Planned Waterfront Industrial by Chatham County.
Prospective Redevelopment
Opportunity : The agent of the owner has spoken with a Senior Planner with the Savannah-Chatham County Metropolitan Planning
Commission and they were of the opinion in the event a third party was to petition for a change in zoning to permit or
allow for a mixed use development comprising residential, marina and general commercial uses, it is highly probably staff
would support a change in zoning that would permit development at its highest and best use subject to certain conditions
such as the number of units and building height.
Area and Neighborhood Maps
Area Map
Neighborhood Map
Westerly Aerial View Of The SubjectEasterly Aerial View Of The Subject
Northerly Aerial View Of The Subject Southerly Aerial View Of The Subject
Aerial Images
Plat Of Survey
As Is Site Plan
As Proposed Site Plans
Georgia Department Of Natural Resources Correspondence, Permit And Extension
Chatham County Board Of Assessors Property Tax Card 1-0089-02-001
Chatham County Board Of Assessors Property Tax Card 01-0089-02-005