First time ever to the market. CoCo Marina is FOR SALE.
LIVE THE DREAM.
Times have never been better. The Marina is open for business, it’s been a great place for social distancing and the fishing is great! After 40 years, the Glover Family of CoCo Marina is ready to do something different. Now, first-time ever to the market, this thriving full-scale Marina and 27 acre community is for sale in Cocodrie, Louisiana.
Real Estate investment opportunity - 26 waterfront lots on residential streets bulkheaded ready to go and 8 non-waterfront – never actively marketed. Additional 34 lots zoned for commercial or residential mostly used for parking/income but can be divided to either expand operations to generate additional income and/or sell a portion of the waterfront lots.
Marina includes: large iconic Restaurant & Bar, Charter Fishing Business, 20 rental resort units, fuel station, convenience store, boat launch, event space, parking, pool & splash park and residential community.
Upside: Ideal for an owner operator or a passive investor. Can be successfully run by an absentee owner with two managers, sublet Marina to an operator and turn over the lots for sale for an immediate profit, lease restaurant to a long-term third party operator/successful restaurant group, expand long-term lodging operations, generate additional income by hosting coastal erosion and oil field projects and more…ultimately you can live the fishing and boating dream the way you want.
Largest Marina in the area. 1.5 hours from the State’s largest City, New Orleans, Louisiana. Airport with private services within 24 miles.
CoCo Marina's Lighthouse Restaurant is the home of the famous “Wine Island Shrimp” and “Bushwackers”, incredible Cabana Bar and sunset view, and an estuary system that provides some of the best inshore, shoreline and offshore fishing on the Gulf of Mexico.
This “turn-key” Marina is renowned both nationally and locally, boasts a strong brand for over 40 years, and has the potential–and the demand--to be open year-round.
Owners will continue to operate to the highest standards while listed. The right buyer will take CoCo Marina and its residential community to the next level. Owners available to help with transition.
Contact:
Kathryn Glover, Owner/Agent 337.322.9874
S.P. LaRussa, 985.872.0444
Contact Agent