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12364 Neale Sound Dr 4,320 SF Specialty Building Offered at $130,000 in Cobb Island, MD 20625
Executive Summary
Marina- An incredible 'value-add' opportunity for an investor with the vision to transform this waterfront asset to be cash cow. This property is a diamond in the rough; it just takes the right vision to see the polished potential. Restaurant, The RIVAH, on Cobb Island was a well-established restaurant and marina located in Maryland for 35 years before the current owner took over. It had permit to play music outside. Large Eat in Restaurant, Tiki Bar Licnese was in place and may reapplied. Outdoor seating. Full Service Marina, 3 Docks, 88 Wet Boat slips & 45 Dry dock spaces with electric. Boat storage, 20 ton boat lift. Totally sale as is. Buyer is responsible to do all due diligence before the purchase. Property sale as is.
Property Facts
| Price | $130,000 | Building Class | C |
| Price Per SF | $30.09 | Lot Size | 1.50 AC |
| Sale Type | Investment or Owner User | Building Size | 4,320 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built | 1972 |
| Zoning | CV | ||
| Price | $130,000 |
| Price Per SF | $30.09 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 4,320 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | CV |
Amenities
- Waterfront
1 1
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-000297 | Improvements Assessment | $390,700 |
| Land Assessment | $395,500 | Total Assessment | $786,200 |
Property Taxes
Parcel Number
05-000297
Land Assessment
$395,500
Improvements Assessment
$390,700
Total Assessment
$786,200
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Presented by
Gaea Group, LLC
12364 Neale Sound Dr
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