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Exclusive 50' LeaseHold
Wet Slip for Sale -------------------------------------------------- Very Rare Opportunity to Own a 50 Ft. Boat Slip in Baltimore's Inner Harbor! That's right, a single 50 foot slip available at the Baltimore Marine Center - this is the Inner Harbor's most prestigious marina and is part of the Light House Point development. Lighthouse Point is a visionary achievement nestled along the waterfront of Canton's "Gold Coast" in Baltimore's prestigious Inner Harbor. Just east of Fells Point and across the harbor from historic Fort McHenry, Lighthouse Point is a spectacular 16-acre waterfront destination offering a full-service yachting facility, luxury rental apartments, health club and pool, convenient retail shops, restaurants, and office space. Slip No. E35 is one of the most accessible slips in the marina and from the stern has a direct view of Fort McHenry. Not a better seat in the house for 4th of July. At the present time, there are not any other slips available for sale in Baltimore's Inner Harbor. All the marinas are currently rental or short term membership based. This marina had previously been called the Lighthouse Yacht Club, Inc. and had available 160 Lifetime memberships. 117 of those memberships were owned by the East Harbor Marina Center, LLC who, under Maryland law and holding at least 66 and 2/3% of the corporation elected to dissolve the Yacht Club corporation. This happened in 1997-1998 and those persons who had purchased memberships during this time were offered a buyout option or 99 year lease as part of the dissolution / takeover process. There are approximately 92 years remaining on this lease. Upon dissolution of the Yacht Club, the marina was completely rebuilt to the impeccable facility that it is today. Everything is there to make your life at the marina a completely enjoyable experience. Waterfront restaurants, club facilities, retail shops, lively downtown environment, state-of-the-art floating concrete docks and more. This lease is a freely transferable, recordable, financeable instrument and offers the legal protections normally offered on a long term lease in the State of Maryland. Leases and lessees are well protected - the lease has been recorded among the land records of Baltimore City which provides actual and constructive notice to all future owners and lien holders of the priority of these particular leases. I personally believe this to be an exceptional value and very unique opportunity. Marina Amenities
Optional Amenities
Asking Price: $149,000 OBO (92 year lease) Marina Layout: Click on image to enlarge: Please, don't
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