16215 Cobb Island Rd Newburg, MD 20664

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.