16215 COBB ISLAND ROAD
NEWBURG , MD 20664
MLS#: MDCH2053018
$2,950,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
N/A
Offered for sale is a rare and exceptional waterfront property featuring a well-established restaurant with over six decades of successful operation and marina on Neale Sound directly off the Wicomico and Potomac Rivers in Charles County. This iconic destination boasts an approximately 8,712-square-foot restaurant building with inviting outdoor waterfront dining, a convenience store, and a take-out area, plus on-site fuel pumps serving both vehicles and boats. The marina offers over 40 slips equipped for daily and overnight docking, many with electric and water hookups. The property holds valuable licenses permitting on-sale and off-sale beer, wine, and spirits, as well as Maryland Lottery sales, providing diverse and robust income streams. The business also maintains a massive digital footprint with almost fifty thousand Facebook followers, ensuring immediate reach for the next owner. The purchase price includes the real property, marina, business, and all furniture and fixtures. The business will be sold under a separate contract from the real property. Strategically located just a short drive from the Washington, D.C. metropolitan area and Northern Virginia, this property benefits from steady marina traffic, seasonal visitors, and a loyal customer base drawn by its storied history and unmatched waterfront appeal. This opportunity is ideal for an owner-operator or investor seeking a prestigious waterfront hospitality asset with proven profitability and strong growth potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Glass, Frame, Vinyl Siding
-
Parking
Lighted, Paved, Parking Lot
-
Pool
No
-
Waterfront YN
YES
-
View
Water, Marina, Street
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
0.6
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,950,000
-
Tax Amount
$17,661
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Association Amenities
Boat Slip
-
Sewer
Public Sewer
-
Water Source
Well
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Location
County
CHARLES
Elementary School
Middle School
High School
Listing Courtesy of Thomas F. McKay , Berkshire Hathaway HomeServices PenFed Realty
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AGENT
Mary Beth Diehl
Call Mary Beth today to schedule a private showing.
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