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    Waterfront Restaurant and Marina Opportunity
    Updated: Apr 7
    Waterfront Restaurant and Marina Opportunity

    16215 Cobb Island Rd, Newburg, MD 20664

    $2,950,000
    8,712 sqft
    Rare waterfront property with established restaurant and marina on Neale Sound.
    Fully operational 8,712 sq ft restaurant with waterfront dining**, convenience store, and take‑out area.
    Marina with over 40 slips equipped for daily and overnight docking, many with electric and water hookups.
    Valuable licenses for on‑sale and off‑sale beer, wine, and spirits, plus Maryland Lottery sales.
    Massive digital footprint with almost 50,000 Facebook followers.**
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    This listing looks promising.

    Here's a quick look at some key insights for

    16215 Cobb Island Rd, NEWBURG, MD 20664

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $167K
      Annual

    • Price @ 7% Cap

      $2.39M
      Suggested

    • Property Type

      Restaurant
      Built 1960
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    Waterfront Marina with Restaurant
    Updated: Apr 8
    Waterfront Marina with Restaurant

    16215 COBB ISLAND ROAD, Newburg, MD 20664

    $3,700,000
    Waterfront setting on Neale Sound directly off the Wicomico and Potomac Rivers
    Approximately 8,712‑square‑foot restaurant building with outdoor waterfront dining
    Marina includes over 40 slips for daily and overnight docking
    Many slips equipped with electric and water hookups
    Fuel pumps serve both vehicles and boats
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    Iconic Waterfront Restaurant and Marina
    Iconic Waterfront Restaurant and Marina

    16215 Cobb Island Road, Newburg, MD 20664

    Contact for pricing

    Established waterfront restaurant and marina with strong revenue and growth potential.

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    Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 3 Active listings in Charles County, MD, we suggest exploring several alternatives:

    Charles County, MD Marinas Market Trends and Statistics

    Explore 3 marinas for sale in Charles County, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,712 square feet of properties for sale, with an estimated market value of $6,650,000.

    Sale prices for boat yards in Charles County, MD start at $2,950,000, averaging $3,325,000, and reaching up to $3,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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