16215 Cobb Island Rd, Newburg, MD for sale

Investment Overview

Offered for sale is a rare and exceptional waterfront property featuring a well-established restaurant with over six decades of successful operation and marina on Neal Sound directly off the Wicomico and Potomac Rivers in Charles County. This iconic destination boasts an approximately 8,712-square-foot restaurant building with inviting outdoor waterfront dining, a convenience store, and a take-out area, plus on-site fuel pumps serving both vehicles and boats. The marina offers over 40 slips equipped for daily and overnight docking, many with electric and water hookups. The property holds valuable licenses permitting on-sale and off-sale beer, wine, and spirits, as well as Maryland Lottery sales, providing diverse and robust income streams. The business also maintains a massive digital footprint with almost fifty thousand Facebook followers, ensuring immediate reach for the next owner. The purchase price includes the marina, business, all furniture and fixtures, and the real property, which encompasses the commercial property plus one additional residential parcel. Strategically located just a short drive from the Washington, D.C. metropolitan area and Northern Virginia, this property benefits from steady marina traffic, seasonal visitors, and a loyal customer base drawn by its storied history and unmatched waterfront appeal. This opportunity is ideal for an owner-operator or investor seeking a prestigious waterfront hospitality asset with proven profitability and strong growth potential.

Investment Highlights

• Iconic Charles County waterfront restaurant and marina destination with over 65 years of history
• Approximately 8,712 SF restaurant building with outdoor waterfront dining
• Marina with 40+ slips, including daily and overnight accommodations
• Many slips equipped with electric and water hookups
• On-site fuel pumps serving both vehicles and boats
• Convenience store and take-out area with permitted on-sale and off-sale beer, wine, spirits and Maryland Lottery
• Multiple revenue streams including restaurant, marina, fuel, retail, and alcohol sales
• Public sewer service
• Real estate and operating business offered separately
• Opportunity for owner-operator or investor seeking a waterfront hospitality asset