12364 Neale Sound Dr - Marinas FOR SALE


Cobb Island, MD 20625
$130,000 USD
703-973-0013
12364 Neale Sound Dr, Cobb Island, MD for Sale
$130,000 USD
Marinas - FOR SALE
1/59
null | Request Cap Rate

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12364 Neale Sound Dr
Cobb Island, MD 20625


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$130,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

CV

APN/PARCEL ID

05-000297

ASK ABOUT THIS PROPERTY

Zen WangGaea Group, LLCMore Info
703-973-0013

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Zen WangGaea Group, LLCMore Info
703-973-0013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.