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Deepwater Marina and Restaurant
For Sale
$4,850,000

12817 Harbor Road, Ocean City, MD 21842

Investment offering three parcels, including a deepwater marina with 11 boat slips and a fully equipped pier-side restaurant.

Property SizeContact for details
Days on Market735

Property Features for 12817 Harbor Road

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Road Access Yes

Building Details

Year Built 2022
Listing Agency: Rinnier Development Co
Listed By: William Rinnier
Source: Ournexthouse
Added: Sep 1, 2024 Changed: Sep 4 Last Checked: Sep 4 at 10:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Co

Investment Insights

Based on property information with market context.

An investment opportunity offering three parcels that include Pier 23 Restaurant and a parking lot directly across the street. The marina component provides deepwater frontage with 11 boat slips.

The property is located on Harbor Rd in West Ocean City, with the restaurant and across-the-street parking forming a complementary setup for guest access.

Also included is a fully equipped restaurant, supporting an operating-ready configuration for the restaurant component.

Key Highlights

  • Investment opportunity on Harbor Rd in West Ocean City
  • Three parcels included, including Pier 23 Restaurant and a parking lot across the street
  • Deepwater marina frontage with 11 boat slips

Property Analytics

Current Use

OC Bay Hopper Freight Service Salty Siren, OC ... (Bike/Boat/Book/etc) Store Go With The Flow ... (Bike/Boat/Book/etc) Store Sail Alyosha (Bike/Boat/Book/etc) Store Pier 23 Restaurant

Suggested Use

Top Pick Dental Office Auto Parts Store Grocery & Convenience Store Locksmith Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Marina - Investment offering three parcels, including a deepwater marina with 11 boat slips and a fully equipped pier-side restaurant.
Where is this marina located?
The property is located at 12817 Harbor Road Ocean City, MD.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Investment opportunity on Harbor Rd in West Ocean City; Three parcels included, including Pier 23 Restaurant and a parking lot across the street; Deepwater marina frontage with 11 boat slips
More about this property
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