4,320 sqft

$1,300,000

12364 NEALE SOUND DRIVE, COBB ISLAND MD, 20625

Price per sqft$300.93

Built in1972

Property size4,320 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed May 5, 2026

Updated 7 days ago

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

MLS^® ID: MDCH2054342

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.62 Acres

Other Property Details

Taxes: $10,438
Tax Frequency: Annually
View: Yes
Waterfront: Yes

Listed by Premiere Realty
Listing Contact: 7039730013

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/1/2026 at 11:41 PM UTC

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