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    Newburg, MD
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    Newburg, MD Marinas for Sale

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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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    Iconic Waterfront Restaurant and Marina
    Updated: Dec 26, 2025
    Iconic Waterfront Restaurant and Marina

    16215 Cobb Island Road, Newburg, MD 20664

    Contact for pricing
    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.
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newburg, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Full-Service Marina With 144 Slips
    Full-Service Marina With 144 Slips

    277 HARBOR VIEW CIRCLE, Colonial Beach, VA 22443

    $1,685,000

    Waterfront marina with covered and open slips, repair facilities, fueling, storage, and an on-site residence.

    View details
    Solomons Waterfront Property with Railway
    Solomons Waterfront Property with Railway

    620 WARDS Rd, Solomons, MD 20688

    $725,000
    0.30 AC lot

    Waterfront property with piers, railway, and building in Solomons.

    View details
    Solomons Island Road Restaurant & Marina
    Solomons Island Road Restaurant & Marina

    14470 SOLOMONS ISLAND S ROAD, Solomons, MD 20688

    $2,200,000
    0.33 AC lot

    Restaurant, tiki bar, duplexes, and marina on Solomons Island.

    View details
    Colonial Beach Marina on Mattox Creek
    Colonial Beach Marina on Mattox Creek

    277 Harbor View Cir, Colonial Beach, VA 22443

    Contact for pricing
    6.36 AC lot

    Marina with 144 wet slips, boat ramp, and amenities.

    View details

    Newburg, MD Marinas Market Trends and Statistics

    Explore 2 marinas for sale in Newburg, MD 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 $2,950,000.

    Sale prices for boat yards in Newburg, MD average $2,950,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Marinas 3

    Demographics Overview

    Population 3,121
    Population Growth (5Y) -10.9%
    Median Household Income $82,083
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

    Identify Newburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    20664 $3M

    Taxes & Financing

    Tax Rate (average for all types) 1.30%
    Property Tax per SF $49.35 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charles County

    New Delisted

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