Love Creek Marina

Located at the gateway to the Delaware Bay and Atlantic Ocean, Love Creek Marina at 33595 Old Salt Lane offers a highly strategic setting for marina-oriented investment in one of the Mid-Atlantic’s most supply-constrained waterfront markets. The property benefits from strong regional boating demand driven by affluent second-home ownership, in-migration, and year-round tourism supported by nearby Rehoboth Beach and Cape Henlopen State Park. Environmental constraints and limited developable waterfront inventory continue to restrict new marina supply, reinforcing pricing power and occupancy stability. Combined with Delaware’s business-friendly tax environment, including no sales tax, this location offers a compelling opportunity for marina investors seeking durable cash flow, defensible barriers to entry, and long-term waterfront appreciation in a proven coastal market.The offering at 33595 Old Salt Lane in Lewes, Delaware presents a rare opportunity to acquire a well-positioned marina asset in one of the Mid-Atlantic’s most supply-constrained and consistently performing waterfront markets. Situated with direct access to the Delaware Bay and Atlantic Ocean, the property benefits from established navigation channels and strong regional boating demand. The 60-slip marina is offered at $1,194,000 (which breaks down to $19,900 per slip), providing investors with an attractive basis relative to replacement cost and long-term waterfront value. Demand is driven by affluent first and second-home ownership, in-migration, and a robust tourism economy supported by nearby Rehoboth Beach and Cape Henlopen State Park. With limited new marina development due to environmental and regulatory barriers, the asset offers durable occupancy, pricing power, and long-term appreciation potential. This offering is well suited for marina operators and investors seeking stable cash flow, defensible barriers to entry, and exposure to a premier Delaware coastal market.