800 10Th St Crisfield, MD 21817
- Marinas
- 0.36 lot acres
Current Use by Public Records
- Marinas
Property Details for 800 10Th St
- Lot size
- 0.36 lot acres
- Property type
- Marinas
- Property subtype
- Land
Description
This exceptional investment opportunity presents 36 pristine boat slips situated on 0.36 acres (15,550 square feet) of land in Crisfield, Maryland. Located at 800 10th St, Crisfield, MD 21817, this marina boasts a prime location next to luxury condos, offering stunning waterfront views and easy access to the Tangier Sound. Each slip is equipped with electricity, ensuring modern boater convenience. The property is zoned for marina use and benefits from the high demand for boat slips in this area, promising strong rental income potential and a high return on investment. The Tangier Sound's reputation as a sport fishing hub further enhances the property's appeal, attracting fishing enthusiasts and creating opportunities for related businesses, such as charter tours to Smith Island. The slips are in excellent condition, offering stability and safety. Annual property taxes are $3,130 per square foot. This is a rare opportunity to acquire a well-maintained, high-demand marina asset in a thriving waterfront community. The asking price is $250,000. This represents a significant opportunity for both income generation and lifestyle investment in a desirable Maryland location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crisfield
- County
- Somerset
- State
- Maryland
- Longitude
- -75.8538
- Latitude
- 37.9835
