Embark on an unparalleled business voyage with the acquisition of this unique marina property situated at 11350 Hwy 1804, Ray, ND, 58849. Nestled on over 100 acres of prime land, this existing commercial venture boasts an impressive array of amenities designed to captivate the most discerning marina enthusiasts and investors.The heart of this opportunity is a fully operational marina featuring 52 boat slips that are currently rented, providing a steady income stream from the get-go. Additionally, the property includes accessible boat ramps, enhancing the convenience for boat owners and visitors alike.Not just a marina, this property offers a wealth of recreational options. With cozy cabins for rent and an array of watercraft available to guests, there's something to cater to every taste and preference. The existing restaurant business on-site invites patrons to dine with a view, adding a culinary charm to the experience.Above the restaurant, you'll find a spacious loft complete with living quarters. This space offers a serene retreat or could serve as a residence for the marina manager or owner, adding a layer of personal investment to the business.The potential for expansion is vast, with enough acreage to potentially develop a campground, increasing the property's appeal and profitability. This is more than just a marina for sale; it's an opportunity to own a thriving, multifaceted waterfront enterprise, ripe with possibilities for growth and success.Set sail on your entrepreneurial dream with this exceptional marina property, where the horizon is as expansive as the opportunities that lie ahead.
The median home value in Ray, ND is $165,000. This is lower than the county median home value of $266,100. The national median home value is $338,100. The average price of homes sold in Ray, ND is $165,000. Approximately 59.38% of Ray homes are owned, compared to 24.94% rented, while 15.68% are vacant. Ray real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ray real estate agent to arrange a tour today!
Ray, North Dakota has a population of 716. Ray is less family-centric than the surrounding county with 31.92% of the households containing married families with children. The county average for households married with children is 34.93%.
The median household income in Ray, North Dakota is $56,447. The median household income for the surrounding county is $80,142 compared to the national median of $69,021. The median age of people living in Ray is 35.3 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of -1.2 degrees. The average rainfall is approximately 15.1 inches per year, with 36.3 inches of snow per year.