Why hasn’t anyone bought this yet?

Why hasn’t anyone bought 1515 Fairview Ave E yet? For $125,000 you get a 400 square foot apartment PLUS a boathouse:

Showing by appt. only. Think of the possibility in this boathouse built by Boeing for experimental jetfoil watercraft. Heavily engineered in the Boeing tradition with 6×6 and 4×10 timber framing and pontoons of the very highest grade half inch thick steel. Exterior dimensions 32’x60′. Septic/holding tank, 440V electric and water connections for shoreside. Apartment area is 8’x50′ with windows french doors and small bathroom. Moorage is rented, month to month.

With 25′ boat slips selling for $40k last time I checked, this is a deal.

Or maybe I’m wrong. After all there’s no kitchen and maybe you can’t live in it. If so you’ll no doubt correct me.

Bonus Link: Hillku on Brix, Structural Violence