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12364 Neale Sound Drive Cobb Island, MD $ 1,300,000
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12364 Neale Sound Drive
$ 1,300,000
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12364 Neale Sound Drive

Cobb Island, MD, 20625
$ 1,300,000
Bedrooms-- Baths-- Sq 4,320

Monthly Estimate*

$ 8,004

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Commercial Property for sale in Cobb Island, MD

for $1,300,000. This 4,320 square foot building was built in 1972 on a lot size of 1.62.

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.

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 10,438

Style

Marina,Restaurant/Bar,Recreation,Storage

Lot Size

1.62

Year Built

1972

Town/City

Cobb Island

County/Region

Charles

MLS | Web ID

MDCH2054342
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Immediate
Zoning CV
Construction Materials Block
Year Built 1972
View Water Harbor Marina
Property Subtype Services
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Marina Restaurant/Bar Recreation Storage
Accessibility 2+ Access Exits Entry Slope <1'
County CHARLES
New Construction N
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge Beer/Wine/Liquor Commercial Marina Recreational Restaurant
Water Access Y/N Y
Status ACTIVE
Directions Rt. 301 (Crain Hwy.) turn on Rt. 257 ( Rock Point Road) to Right on Rt. 254 ( Cobb Island Rd.) Left on Main left on Neal Sound to property on the right on Neale Sound
City COBB ISLAND
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 70654.00
Tax Annual Amount 10438.0
Price Per Sq Ft Total AG 300.93
Acceptable Financing Cash Seller Financing Rural Development Private Conventional
Vacation Rental Y/N N
Location Type Free Standing
Standard Status Active
Year Built Source Assessor
Legal Subdivision COBB ISLAND SUB
Association Recreation Fee N
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Exterior
Parking Features Handicap Parking
Lot Features Cleared Open Premium
Water Source Well
Type of Parking Parking Lot
Water View Y/N Y
Building Area Total 4320.00
Lot Size Acres 1.62
Water Body Type River
Lot Size Source Assessor
Waterfront Y/N Y
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 12364
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* Excluded Features
List By
Premiere Realty

Broker

im@zhen.studio

Email

Affordability Calculator

$8,874
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$870
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
5/6/2026 $1,300,000 Listed Price

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12364 Neale Sound Drive, Cobb Island, MD, 20625 is a Commercial Property for sale at $1,300,000 with 4,320 sqft and a lot size of 1.62. 12364 Neale Sound Drive was built in 1972. The property's zip code is 20625 which is in Cobb Island, MD

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