A full-service marina located along Maryland’s Chesapeake Bay has been brought to market. The confidential listing offers an opportunity to acquire a long-established marine facility with amenities and income potential. Priced at $11.5 million USD, the property combines a strategic location, diverse infrastructure and consistent lease-based revenue streams.
The marina spans 10-acre and features over 250 wet slips for vessels up to 21-metres (70-feet) in length, along with dry storage capacity for more than 200 boats. The marina also serves as a regional boating hub with direct access to highways and nearby metropolitan areas.
Facilities include an office and retail space, a multiple-bay service and repair building, a parts building and a recently renovated residential home. The site also provides dry yard storage, haul and launch services, a fuel dock and a fleet of rental boats.
The current business model supports absentee ownership, with the majority of revenue derived from boat storage leases and long-term agreements with third-party commercial tenants. Management is in place and maintains daily operations and client services. Yard equipment and infrastructure required for repair and storage operations are included in the offering.
Rick Leipold of Milestone Commercial Realty serves as the local Broker of Record, with George Ash of Simply Marinas acting as the marina’s Marketing and Investment Adviser. The listing is being managed confidentially, with further details available upon request.
