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
Taxes
Visits
Year Built
Walkscore
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agreement.
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
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