Real Estate - Commercial

New Owners Hope To Expand Marina In Carolina Beach, Add Restaurant

By Cece Nunn, posted Apr 6, 2018
Joyner Marina will be renamed Carolina Beach Yacht Club & Marina, according to the new owner. (Photo courtesy of Joyner Marina)
A marina in Carolina Beach has changed hands.

Shinnville Ridge Partners LLC, a real estate investment company based in Charlotte, has purchased Joyner Marina at 401 Marina St. in Carolina Beach for a little over $2 million, according to a deed recorded in New Hanover County.

The new name of the marina, which has 69 wet slips, will be Carolina Beach Yacht Club & Marina, according to Courtney Sloan, managing member of Shinnville Ridge Partners.

The new owners hope to increase the number of slips at the marina by about 18 slips, and also make other beneficial changes. 

"We hope to expand to do a restaurant kind of concept," similar to Bluewater Waterfront Grill in Wrightsville Beach, offering live music on the weekends, Sloan said.

"We're excited and we're looking to bring it back to life," Sloan said.

According to marketing materials on Joyner Marina, the marina is situated on nearly 6 acres with 1.5 acres of uplands and more than 4 acres of submerged area. In addition to the wet slips, the property was listed as having a wooden bulkhead, five metal gang planks, water and electric hookups and two gas pumps, one of which is diesel.

"In addition, there is a 1,506 SF tackle shop/office with two residential apartments on the 2nd floor," the listing says. "Most notably, Joyner Marina is the only privately-owned marina in Carolina Beach that has a fuel dock. The bulkhead was replaced in 2007-2008 and the marina is protected with rock jetty, which is very rare."

Sloan said the property's taxes have been paid and the new owners plan to continue to lease the slips out rather than sell them.

Story On The Map

Ico insights



Time, Talent, Then Treasure: How Milestone-based Fundraising Puts Entrepreneurs First

Diane Durance - UNCW Center for Innovation and Entrepreneurship
Volety 0020 1121724229

Applied Learning Prepares UNCW Students for Post-Graduate Success

Aswani Volety - UNCW College of Arts and Sciences
Lr 7992 pp 911712351

Dignity Offers New Final Family Resting Places

Patrick Kelly - Dignity Memorial

Trending News

Wilmington Startup To Pitch At Silicon Valley Event

Jenny Callison - May 25, 2018

Wilmington Sees Rise In Tech Job Postings

Jenny Callison - May 25, 2018

CFCC Foundation Sees Rise In Gift Of Education Donations

Jenny Callison - May 25, 2018

In The Current Issue

Novant Health Facilities Now Carry Naloxone

Novant Health Brunswick Medical Center now carries naloxone, a medication used to temporarily reverse opioid overdose....

A Ruff Day At The Office: Dogs On The Job

“Having the dog in the office reduces a little bit of stress and brings people together,” said Jennifer Manocchio, president of Sweeney, a p...

Local B&Bs Face Changing Industry

Gwenyfar Rohler is transforming her childhood home, a 120-year-old house at 1817 Market St., into a bed and breakfast inn....

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



2018 Power Breakfast: The Main Event
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes