Cedar Ave / 1st Ave Rare offering of nearly 6 acres of CT-zoned land (Commercial Tourism) just off the Mississippi River, fully approved for 30 seasonal trailer sites with significant potential. The site includes a newly drilled well, completed environmental and engineering studies, electrical design completed and approvals to expand the existing boat launch and marina to accommodate approximately 30 slips. Amenities include a volleyball court, basketball court, and a small beach area all designed to support a cash flow-positive seasonal operation. Many trailer lots offer waterfront views, enhancing long-term rental demand and user experience. An as-complete appraisal values the property near $4M, with projected annual income approaching $240,000.A rare waterfront investment with strong cash flow potential, full site approvals, and the added upside of possible zoning conversion for alternative future uses, perfectly positioned for long-term growth in a high-demand seasonal market. (id:27476)
