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.
1.62 Private Acres Lot Size
commercial
$870 Monthly Tax
Built in 1972
MLS/Listing ID MDCH2054342
1 Units
Construction - Block
Well
Public Sewer
Parking - Handicap Parking
Lot - Cleared
Cooling - Central Air
Heating - Electric
TOTAL MONTHLY COST
$0
$0
$0
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All information deemed reliable but not guaranteed. Last date updated: 05/30/2026.
Source: Bright Multiple Listing Service, Inc.
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