A FOR SALE OFFERING THE LEE SHORE MARINA 119 & 135 JOHNNY MERCER BOULEVARD SAVANNAH, CHATHAM COUNTY, GEORGIA 31410
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1 A FOR SALE OFFERING THE LEE SHORE MARINA 119 & 135 JOHNNY MERCER BOULEVARD SAVANNAH, CHATHAM COUNTY, GEORGIA PRESENTED BY WHITLEY AND ASSOCIATES, INC. 800 COMMERCIAL COURT, SUITE TWO, SAVANNAH, GEORGIA 31406
2 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.
3 PROPERTY SUMMARY Property Name: Property Address: Property Type: Site Area: Building And Site Improvements: Zoning: Lee Shore Marina 119 & 135 Johnny Mercer Boulevard Savannah, Chatham County, Georgia Existing Marina Operation/Redevelopment Opportunity Aggregate Approximate Acres 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. Planned Waterfront Industrial Offering Price: $3,250, Ben G. Whitley Whitley & Associates, Inc. 800 Commercial Court, Suite Two Savannah, Georgia Office: Mobile: ben@whitleyandassociates.com For Additional Information Please Contact
4 PHYSICAL ATTRIBUTES
5 PROPERTY DESCRIPTION Address/Location : 119 & 135 Johnny Mercer Boulevard Savannah, Chatham County, Georgia 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 Acres The subject site approximates an aggregate acres of which approximately acres would be judged as nonjurisdictional inclusive of an approximate estimated 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.
6 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.
7 Area and Neighborhood Maps Area Map
8 Neighborhood Map
9 Aerial Images Easterly Aerial View Of The Subject Westerly Aerial View Of The Subject Northerly Aerial View Of The Subject Southerly Aerial View Of The Subject
10 Plat Of Survey
11 As Is Site Plan
12 As Proposed Site Plans
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16 Georgia Department Of Natural Resources Correspondence, Permit And Extension
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33 Chatham County Board Of Assessors Property Tax Card
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