Confidential Maryland Wet Slip Marina – Marina ID: SM42
This is a rare opportunity to acquire a wet slip marina in a prime Maryland location. All revenue is derived from slip rental, making this a perfect passive investment for an absentee owner. The docks and seawall are in great condition. All slips are outfitted with boat lifts. Slips are currently and historically at full occupancy.
Included in the sale, is a relatively new construction 2,500 sq ft residence boasting panoramic water views. The residence is currently owner-occupied, however, it would make a great income producing asset as a long-term or vacation rental residence.
The offering includes adjacent vacant waterfront land. Historically, this land was used as a full service boatyard, offering land-side storage as well as service and repair. The land has a lift well that can accommodate a travellift and/or forklift. Current zoning will allow for continued use as a full service boatyard and, potentially, as a rack storage facility.
Local Broker of Record:
Milestone Commercial Realty
216 E. Pulaski Highway, Suite 215, Elkton, MD 21921
RLeipold@milestonecr.com | 410.620.5115
Marina Marketing and Investment Adviser:
4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146
firstname.lastname@example.org | 352.262.5784
Vacant Adjacent Land
An owner can benefit from the following: