Iconic Waterfront Restaurant and
16215 Cobb Island Road, Newburg, MD 20664
Established waterfront restaurant and marina with strong revenue and growth potential.
Type:Business for Sale
- Added:
- Dec 26, 2025
- Days on Market:
- 137
- Last Refresh:
- Mar 17 at 1:19 pm
Property Features for 16215 Cobb Island Road
General Information
- Standard status
- Active
- Property subtype
- Business for Sale
Listing agent Thomas McKay License #MD3354499
Listing office McNelis & Associates
Listing date Dec 26, 2025
Source Crexi
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 McNelis & Associates
HighLights
- Iconic waterfront restaurant with 65+ years of established business and loyal clientele.
- Direct waterfront location on Neal Sound with stunning water views and marina with 40+ slips.
- Benefit from a full‑service commercial kitchen, bar, spacious dining rooms, and versatile event space.
- Includes on‑sale and off‑sale beer, wine, and spirits license with Maryland Lottery sales and carry‑out convenience store.
- Fuel sales for land vehicles and watercraft, plus marina slip rentals with electric and water hookups.
- Strong market resilience with rebounded revenues and growth potential, near Washington, D.C., and Northern Virginia.
Overview
This iconic waterfront restaurant and marina in Charles County presents a rare opportunity to acquire a well-established, family-owned business with over 65 years of heritage and a loyal clientele. Located directly on Neal Sound, off the Wicomico and Potomac rivers, the property features a large full-service commercial kitchen and bar, spacious dining rooms, and inviting outdoor seating with water views. The venue includes a versatile event space and meeting room to accommodate private functions. A carry-out convenience store enhances the restaurant’s offerings, supported by an on-sale and off-sale beer, wine, and spirits license, along with Maryland Lottery sales. The business benefits from a dedicated, long-term staff. Additional revenue streams come from fuel sales for both land vehicles and watercraft. The marina boasts over 40 slips available for daily or overnight rental, many equipped with electric and water hookups, attracting boaters. Revenues have fully rebounded following the COVID period, demonstrating strong market resilience and significant growth potential. The property is near Washington, D.C., and Northern Virginia, and enjoys consistent marina traffic, seasonal tourism, and a devoted customer base.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Captain John’s Crab ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Newburg
- County
- Charles
- State
- Maryland
- Longitude
- -76.8516506
- Latitude
- 38.2680069
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Established waterfront restaurant and marina with strong revenue and growth potential.
Where is this conventional restaurant located?
The property is located at 16215 Cobb Island Road Newburg, MD.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Iconic waterfront restaurant with 65+ years of established business and loyal clientele.; Direct waterfront location on Neal Sound with stunning water views and marina with 40+ slips.; Benefit from a full‑service commercial kitchen, bar, spacious dining rooms, and versatile event space.
