Bass River Marina on Cape Cod Sold for $6.1 Million

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JJManning Auctioneers, a leader in the accelerated marketing and disposition of quality real estate, is pleased to announce the July 16, 2015 sale at auction of the “Bass River Marina” located at 138, 140-160 Main St./Rt. 28, W. Dennis, MA.

JJManning Auctioneers, a leader in the accelerated marketing and disposition of quality real estate, is pleased to announce the July 16, 2015 sale at auction of the “Bass River Marina” located at 138, 140-160 Main St./Rt. 28, W. Dennis, MA.

The “Bass River Marina” complex is a well established marine service center set on 6.3+/- acres on busy Rt. 28 in the heart of Cape Cod with frontage on Horse Foot Cove and access to Nantucket Sound. Improvements on this Mixed-Use zoned turnkey property include 160+/- wet slips accepting boats up to 45 feet, 78 indoor dry slips, 44 outdoor dry slips plus another 62+/- permitted, a 15-ton travel lift, offices & support buildings, boat showroom, restaurant, 12,000+/- sf. retail/office building, and ample parking.

Under picture perfect skies, a crowd of over 70 onlookers gathered onsite to watch 7 registered bidders compete for this marina property on auction day. The bidders included marina owner/operators, investors, and developers each with $200,000 in certified deposit funds in hand. On behalf of an ownership that had recently reclaimed possession and wished to sell the property quickly in a contingency-free format initiated on their preferred timeline, firm President and auctioneer, Justin J. Manning opened the spirited bidding at $4,000,000 and ended with a final purchase price of $6,100,000.

JJManning Auctioneers sells high value commercial & residential real estate. With a full schedule of upcoming auctions, the firm is currently accepting consignments for the 4th Quarter of 2015 for a time certain closing this year. Please visit www(dot)JJManning(dot)com or call 800-521-0111 for further information.

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Justin Manning
@ManningAuctions
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