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Key Details
Sold Price $249,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJCD2033684
Sold Date 04/12/23
HOA Y/N N
Originating Board BRIGHT
Year Built 2002
Tax Year 2022
Property Description
We are a Marine Towing and Salvage Company operating under a license agreement with TowBoatUS who is owned by GEICO InsuranceWe service the Delaware River Boating Community on 80 miles of River from Wilmington Delaware to Trenton NJ on the Delaware and Schuylkill Rivers operating out of both the Wiggins Park Marina in Camden and the Neshaminy State Marina in Bensalem Pennsylvania with expansion plans in Riverside NJ and Essington PACurrently we operate three tow boats two utility boats one 4 wd Ford 250 with Salvage Trailer and all equipment. The business is for sale in its entirety or possible just 65% as the majority partner wants to retire at age 70 and currently lives in Brigantine so travel creates an issue. The other partner will stay and mange business or sell depending on terms. This is a great opportunity to work full time on the water and spend the winters in Florida on vacationPartner with 65% ownership will consider holding partial financing on his shares
Location
State NJ
County Camden
Area Camden City (20408)
Zoning COMMERCIAL
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 10.0
Utilities Available None
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water None
New Construction N
Schools
Elementary Schools Dr. Ulysses Simpson Wiggins
Middle Schools Dr. Ulysses Simpson Wiggins
High Schools Woodrow Wilson
School District Camden City Schools
Others
Tax ID NO TAX RECORD
Ownership Other
Acceptable Financing Conventional, Other
Listing Terms Conventional, Other
Financing Conventional,Other
Special Listing Condition Standard
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Bought with George K Frick • Century 21 Frick Realtors