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7868 Mill Creek Rd
Benedict, MD 20612
Benedict Marina & Restaurant · Specialty Property For Sale · 6,409 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype
Marina
  • General Retail Convenience Store
Building Class C
Lot Size 3.50 AC
Building Size 6,409 SF
No. Stories 1
Year Built 1940
Zoning CV - commercial village- allows both residential and commercial, waterfront.

AMENITIES

  • Waterfront

ABOUT 7868 MILL CREEK RD , BENEDICT, MD 20612

11 acre waterfront resort for sale in the Chesapeake Bay Recreation area about 40 miles from Annapolis and Washington DC. Has Four single family homes, 2 detached garages, a Lodge building housing the restaurant, coffee shop and retail, boat slips and piers. Proforma income includes the future addition of the rv campsites, and rehab of the Lodge and boat slips. Appraisal done resulted in values of $4,370,000 Market Value At Completion and $7,000,000 Market Value at Stabilization. This is a good fixer upper investment opportunity. Needs $1,650,000 in repairs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-006877
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$524,900
  • Listing ID: 16765557

  • Date on Market: 7/30/2019

  • Last Updated:

  • Address: 7868 Mill Creek Rd, Benedict, MD 20612

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