Marina and Resort with Restaurant, Swimming Pool and More

509 L.B. Memorial Drive, Theodosia, Missouri, 65761



MLS: 24084-65480

40. Acres

2,000 SqFt

10 beds

10.0 baths

What You Should Know

  • Marina and Resort Bull Shoals

  • Investment on Bull Shoals Lake

  • Rental Property on Lake

  • Leased Land from Corps

  • Restaurant, pool, lodging

  • Successful business for 60 yrs

  • Income producing property

  • Established Business for Sale

Why You'll Love It

Theodosia Marina and Resort (TMR), established in 1952 is a turnkey treasure and is in the Village of Theodosia, Missouri. This property is the only full-service Marina & Resort on Bull Shoals Lake. TMR proudly boasts of its longevity in business, loyal client following, local support, and having it all! Listing includes the complete resort package which includes 205 stall Marina, Office/Gift Shop, 3 Lodges, 5 Cottages, 20 Room Motel, 1 Apartment Rental, 95-unit Ft. Cook RV Park, which also allows tent camping, Cookies Restaurant, 1 Private Boat Dock, Fleet of Rental Boats, Boating Accessory Rental, 2 additional Gift Shops, Swimming Pool, Tennis Court, Basketball Court, Laundry Mat, Picnic Area, Banquet Area, Free Wi-Fi, POS, and additional dwelling currently used for Staff Management.

The marina is located on Bull Shoals Lake and is known for its clear and clean water, making it ideal for fishing, boating, swimming, and kayaking. The lake is abundant with various fish species, including bass, trout, catfish, and crappie, making it a haven for fishing enthusiasts. The marina is the hub for boaters, anglers, scuba divers, and let us not forget the fish stories! The lake stretches across both Missouri and Arkansas, offering a diverse range of recreational opportunities. In addition to its water activities, this lake also offers scenic hiking trails along its shoreline. The surrounding natural beauty and peaceful atmosphere make it a perfect spot for camping, picnicking, or simply enjoying a leisurely stroll. The marina is the location of many annual fishing tournaments and Theodosia claims to be the Bass Capital of the World. The private dock’s slips are leased by residents in the subdivision located near the Lost Woods Hideaway & Golf Course.

The beautiful resort offers a variety of modern, clean, comfortable, and well-maintained accommodations that are all just a stone's throw from the marina/lake, and next door to Cookie's restaurant and the recreational complex. Guests of the Theodosia Marina-Resort and Fort Cook RV Park are entitled to full use of the recreational facilities which includes a large in-ground swimming pool, lighted tennis court, large basketball court, coin-operated laundry, banquet room/outside patio, and shower house.

Cookie's is a family style restaurant that has a loyal following from locals & guests alike and is well known known for "down home" country cooking! Their menu offers a wide variety of meal and dessert options. The restaurant is located at the entrance to the resort complex, just a short distance from the highway, with a gorgeous view of Bull Shoals Lake and next to the marina. It can accommodate large groups in the party room, or smaller parties in our dining room. Cookies also caters for the community and provides Breakfast, Lunch, and Dinner “family reunions.”

The RV Park has nightly site rentals and camping. The beauty of this location is that it is not affected by the lake levels. Normal pool level is 654 feet above sea level and flood pool is 695 feet. Please note that none of the properties flood and the marina is just moved closer to the shoreline during high water levels.

Otter Creek Lodge is built upon .43+ acres owned by TMR and the remainder of the property is leased from the US Army Corps of Engineers. New owners will negotiate a new 10-year lease with the CORPS of Engineers. A preapproval letter and confidentiality agreement will be required before releasing financials. 


Documents (4)

Where You'll Find It

  • Street Address: 509 L.B. Memorial Drive
  • City: Theodosia
  • State: Missouri
  • County: Ozark


Debra Schilling Smith

Agent - Licensed in Arkansas & Missouri
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