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sales rep | Brivity IDX

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16215 Cobb Island Rd , Newburg, MD 20664
$3,490,000
Est. Payment: $19,163.91/mo
8712 Sqft
0.6 Acres
Status: active | Days on site: 206
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PFED65 - 3354499
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House Description

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 Neale 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 real property, marina, business, and all furniture and fixtures. 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.

Highlights

Listed by Thomas F. McKay , 2402983896 Berkshire Hathaway HomeServices PenFed Realty , 4103940990. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.6

Year Built

1960

County

Charles

Neighborhood

Cobb Island

School District

Charles County Public Schools

Listing ID

MDCH2053018

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Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Ceramic Tile,Carpet,Luxury Vinyl Tile
Water:Well

Exterior Features

Lot:Bulkheaded,Fishing Available,Road Frontage,Year Round Access,Not New Construction,Horse Property: No,Waterfront
Garage Capacity:65
Zoning:CV
Roof:Architectural Shingle
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:Lighted Parking,Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$19,164
Taxes
$1,472

Home Price

$3,490,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$698,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,163.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,163.91 $1,471.75 $0.00 $20,635.66
Yearly $229,966.97 $17,661.00 $0.00 $247,627.97
Total $6,899,009.18 $529,830.00 $0.00 $7,428,839.18
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Newburg, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS