16215 COBB ISLAND RD, Newburg, MD 20664
16215 COBB ISLAND RD, Newburg, MD 20664
16215 COBB ISLAND RD, Newburg, MD 20664
16215 COBB ISLAND RD, Newburg, MD 20664
16215 COBB ISLAND RD, Newburg, MD 20664
16215 COBB ISLAND RD, Newburg, MD 20664
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Listed by Tommy McKay • Berkshire Hathaway HomeServices PenFed Realty
$ 2,950,000
Est. payment | /mo

0.6 Acres Lot


Save
$ 2,950,000
Est. payment | /mo
Save

0.6 Acres Lot

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Subdivision Cobb Island

MLS Listing ID MDCH2053018

Year Built 1960

Annual Tax Amount $17,661

Tax Year 2025

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

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.

Location

State MD

County Charles

Zoning CV

Interior

Hot Water Electric

Heating Other

Cooling Central A/C

Flooring Ceramic Tile, Carpet, Luxury Vinyl Tile

Inclusions Includes real property, business, furniture, and fixtures.

Heat Source Electric

Exterior

Garage Spaces 65.0

Utilities Available Electric Available, Propane, Sewer Available

Waterfront Description Private Dock Site

Water Access Y

Water Access Desc Boat - Powered,Canoe/Kayak,Fishing Allowed,Personal Watercraft (PWC),Public Access

View Marina, Street, Water

Roof Type Architectural Shingle

Street Surface Black Top

Accessibility None

Road Frontage Public

Total Parking Spaces 65

Garage N

Building

Lot Description Bulkheaded, Fishing Available, Road Frontage, Year Round Access

Sewer Public Sewer

Water Well

New Construction N

Schools

School District Charles County Public Schools

Others

Tax ID 0905018498

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Jen Holden
Jen Holden

Team Lead | License ID: 639966

+1(443) 803-7620 | jen@thejenholdengroup.com

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16215 COBB ISLAND RD

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