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150 Skipjack Rd - Skipjack Cove Marina 12,240 SF Specialty Building Offered For Sale in Georgetown, MD 21930



Investment Highlights
- Featuring 359 covered and uncovered wet slips accommodating vessels up to 68’, plus transient dockage for yachts 120’+ and 42 jestski floats
- Situated on a ±15.69-acre fee simple parcel zoned Maritime Business District (MB)
- Approximately $1.7 million in recent capital improvements
Executive Summary
The marina offers a diversified revenue base supported by dockage, fuel sales, marine service and storage operations, and a robust amenity package including a waterfront restaurant and bar, Olympic-sized pool, athletic courts, and community gathering areas. Comprehensive service capabilities include haul-out, winter storage, winterization, engine and generator service, and shrink-wrapping.
Recent capital improvements totaling approximately $1.7 million, including fuel system replacement (UST), dock and jet ski float upgrades, and site-wide enhancements, further strengthen the asset’s long-term positioning. Skipjack Cove presents a compelling opportunity combining scale, durable in-place cash flow, and meaningful upside through operational optimization and targeted revenue growth initiatives.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 15.69 AC |
| Sale Condition | Business Value Included | Building Size | 12,240 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built | 1990 |
| Building Class | B | Parking Ratio | 15.44/1,000 SF |
| Zoning | MB - Maritime Business District (MB) | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 15.69 AC |
| Building Size | 12,240 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 15.44/1,000 SF |
| Zoning | MB - Maritime Business District (MB) |
Amenities
- Waterfront
About 150 SKIPJACK RD , GEORGETOWN, MD 21930
Featuring 359 covered and uncovered wet slips accommodating vessels up to 68’, plus transient dockage for yachts 120’+ and 42 jetski floats, the marina offers meaningful scale within the Upper Chesapeake Bay market. Approximately $1.7 million in recent capital improvements include site-wide upgrades, fuel system replacement, slip and jetski float enhancements, and key facility renovations. Seven additional 12,500-lb lift slips are scheduled for completion in Q1 2026, bringing the total to 21 lift slips and generating $80K+ in projected annual revenue. The protected basin offers depths up to 17’, supported by substantial shoreline infrastructure, including bulkhead and stone revetment. A full-service winter storage and service operation includes ±200 vessels of upland capacity, a 70-ton travel lift, haul-out capabilities, and engine/generator servicing. On-site amenities include a fuel dock (gas and diesel), pump-out, 30/50/100 amp shore power, waterfront restaurant and bar, pool and pool house, ship store, bathhouse, laundry, and athletic courts — reinforcing strong customer retention and destination appeal. Situated on a ±15.69-acre fee simple parcel zoned Maritime Business District (MB), the property offers long-term operational certainty and expansion flexibility. Located approximately 10 miles from open Chesapeake Bay waters, the marina benefits from strong regional demand across the Mid-Atlantic.
Property Taxes
| Parcel Number | 01-022997 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,647,000 |
Property Taxes
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150 Skipjack Rd - Skipjack Cove Marina
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