12364 Neale Sound Dr, Cobb Island, MD 20625

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List Price
$1,300,000
MLS#
MDCH2054342
Year Built
1972
Status
ACTIVE
Type
Commercial
County
Charles

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

Cooling
Central Air
Heating
Other
Water
Well
Possession
Immediate
Acres
1.62
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Premiere Realty. Contact: