Waterfront
Address
5639 Walnut Street Rock Hall, MD
Price
$ 2,900,000
Property Attributes
  • MLS#MDKE116784
  • TypeCommercial
  • CountyKENT
  • CityRock Hall
  • Zip21661
  • StyleMarina,Hotel/Motel,Recreation
  • Year Built1984
  • Taxes28827
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10456
  • Lot Size1.3 Acres
Listing Provided Courtesy Of:
Coldwell Banker Chesapeake Real Estate Company
Property Description

Note - This parcel is one of two making up the North Point Marina property totaling 2.16 acres located on the entrance to Rock Hall Harbor with easy access to the Chesapeake Bay. No one parcel can be sold without the other. Refer to Parcel # 1505020905/MLS #MDKE116402 Opportunity to own one of the Chesapeakes premier marinas and motels, family-owned, and operated for the past 27 years. This marina is one of the most well-protected on the Bay. It is one of the only marinas in Rock Hall that can accommodate larger yachts because of its water depth and several larger "T" heads. There are 138 slips in total, and 26 covered slips. Seventy percent of the occupancy is seasonal slip holders with a substantial transient business as well. All slips have water and electric (Elec. service is dependent on vessel requirements). There is a fuel dock with great access to the Bay. Shoreside amenities include the following: Large pavilion, Waste pump out, clean well maintained and sanitized restrooms, a customer lounge with a screened-in porch, a pool with ample furniture, ships store, dock carts, ample parking, and storage, Etc. There is a large shop building with additional office income space. There are five efficiency motel rooms that rent very actively through the season all with balconies overlooking the Bay. There is an outstanding, large two-bedroom apartment, currently used as an owner's suite. This is one of the most well-maintained marina facilities on the Bay. The views are spectacular. Potential is unlimited. Showings are by appointment only. Financials will only be provided to serious buyers with pre-qualification proof of funds and confidentiality agreements.

Price History
7/17/2020 Listed $4,500,000
8/4/2020 36% - $2,900,000

General Features

Acceptable Financing Conventional, Cash
Accessibility >84 Garage Door, Other
Business Type Marina, Hotel/Motel, Recreation, Other
Construction Materials Asphalt, Block, Combination, Frame, Mixed, Mixed Plumbing
Cool Fuel Electric
Cooling Multi Units
County KENT
Electric 120/240V
Exclusions See listing Docs. Furnished upon request and pre-qual.
Flooring Other
Heating Baseboard - Hot Water
New Construction No
Ownership Fee Simple
Parking Features Private
Possession 90-120 Days CD, Negotiable
Price Per Sq Ft 277.35
Property SubType Mixed Use
Property Type Commercial Sale
Property Use Owner User
PropertyCondition Excellent
Real Estate Owned Y/N No
Roof Asphalt, Metal
Security Features 24 hour security, Resident Manager, Monitored
Sewer Public Sewer
Tax Annual Amount 28827.0
Tax Year 2020
Total Units 79
Vacation Rental Y/N No
View Bay, Harbor, Marina, Panoramic, Water
Water Access Y/N Yes
Water Body Name Chesapeake
Waterfront Features Exclusive Easement, Park, Private Dock Site, Rip-Rap
Zoning MWD

Interior Features

Central Air Y/N No
Heating Fuel Other
Heating Y/N Yes
Hot Water Electric
Total Restrooms 8

Exterior Features

Building Area Total 10456.00
Car Parking Spaces 100
Dock Type And Features Fuel Available, Material - Composite, Material - Treated Lumber, Multiple Slip, Pier (Perpendicular), Private, Sun Deck, Type A
Dock/slip Conveys Yn Yes
Fencing Y/n No
Foundation Details Block, Concrete Perimeter, Slab
Inclusions See listing Docs. Furnished upon request and pre-qual.
Lot Features Bulkheaded, Poolside, Rip-Rapped
Lot Size Acres 1.30
Lot Size Source Assessor
Lot Size Square Feet 56628.00
Navigable Water Y/N Yes
Number of Docks 5+
Number of Slips 5+
Total Parking Spaces 106
Type of Parking Parking Lot
Water Access Features Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, No Personal Watercraft (PWC), Private Access, Public Beach, Sail
Water Body Type Bay
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21661

Price
AVG $790K
$2.9M
Taxes
AVG $8,678
$28,827
Visits
AVG 78
91
Year Built
AVG 1957
1984
Walkscore
AVG 31
10
Data Provided by Walkscore ® not using MLS data

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