Residential development site along with a once in a lifetime opportunity to own the premier waterfront restaurant/bar and Marina on Sodus Bay. Pier Fifty-Three has a hospitality legacy that goes back over 125 years with the latest incarnation being created in 2018 with the newly constructed 5, 000 s.F restaurant/Bar and multi-slip marina. Beautiful sunsets all year long. This profitable waterfront business offers a combination of food and bar service, marina slip rentals, and pontoon boat rentals. While the current owners operate the business seasonally from May thru September, the property was designed to be operational year-round with in-floor radiant heating and ceiling furnace, which would allow for significantly expanded revenues. Included in the sale is over $200, 000.00 in restaurant/bar and recreational inventory and furnishings (list attached) as well as significant investments in support infrastructure for the restaurant and marina including turnkey kitchen and bar, 23 boat slips with dock infrastructure (partial floating), 2 PWC docks, 4 Kayaks, 1 canoe, band stage, and mobile food service trailer Property owner also has personal property available separately for sale that could enhance the business operation of the property including cabin cruisers, other misc. Watercraft and an adjacent 3br, 2 bath single-family house with waterfront access. Pricing on these assets is separate from the property purchase price. The high net margins, diverse income streams and expansion potential make this the ideal investment opportunity that will provide a strong cash flow, minimal overhead, a built-in customer base and significant upside. This 1.52-acre offering includes four (4) tax parcels that include a .57-acre parcel with over 300 linear feet of waterfront. The remaining acreage is located directly across Lake Bluff Road for parking, RV park, boat storage or future development. Sodus Bay offers protected access to Lake Ontario, the 5th largest lake in America, and is the gateway to the rest of the Great Lakes and the 1000 Islands Region.
