12364 Neale Sound Dr, Cobb Island, MD 20625

$1,300,000

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List Price
$1,300,000
Days on Market
85
Status
ACTIVE
MLS#
MDCH2054342
Lot Size (Acres)
1.62
Year Built
1972
County
Charles
School District
Charles County Public Schools

Property Description

An incredible 'value-add' opportunity for an investor with the vision to transform this waterfront asset to be cash cow. This property is a diamond in the rough; it just takes the right vision to see the polished potential. Restaurant, The RIVAH, on Cobb Island was a well-established restaurant and marina located in Maryland for 35 years before the current owner took over. It had permit to play music outside. Large Eat in Restaurant, Tiki Bar Licnese was in place and may reapplied. Outdoor seating. Full Service Marina, 3 Docks, 88 Wet Boat slips & 45 Dry dock spaces with electric. Boat storage, 20 ton boat lift. Totally sale as is. Buyer is responsible to do all due diligence before the purchase. Property sale as is.

Additional Information

Taxes
$10438
School District
Charles County Public Schools
View
Water, Harbor, Marina
Heating
Other
Heating Fuel
Electric
Cooling
Central A/C
Water
Well
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Premiere Realty. Contact: