5639 WALNUT ST Rock Hall, MD 21661
UPDATED:  
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2900000
/mo

-1Bed

-1Bath

-1SqFt

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Key Details

Property Type: Commercial

Sub Type: Mixed Use

Listing Status: Active

Purchase Type: For Sale

Lot Size: 1.300 Acres

Year Built: 1984

MLS Listing ID: MDKE116784

Total Units: 79

Short Sale: No

HOA Y/N: N

Originating MLS: BRIGHT

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.

Location

State: MD

County: Kent

Zoning: MWD

Interior

Hot Water: Electric

Heating: Baseboard - Hot Water

Cooling: Multi Units

Flooring: Other

Inclusions: See listing Docs. Furnished upon request and pre-qual.

Heat Source: Other

Exterior

Garage Spaces: 106.0

Waterfront: Y

Waterfront Description: Exclusive Easement,Park,Private Dock Site,Rip-Rap

Water Access: Y

Water Access Desc: Boat - Length Limit,Boat - Powered,Canoe/Kayak,Fishing Allowed,No Personal Watercraft (PWC),Private Access,Public Beach,Sail

View: Bay,Harbor,Marina,Panoramic,Water

Roof Type: Asphalt,Metal

Accessibility: >84\" Garage Door,Other

Parking Type: Parking Lot

Total Parking Spaces: 106

Garage: N

Building

Lot Description: Bulkheaded,Poolside,Rip-Rapped

Foundation: Block,Concrete Perimeter,Slab

Sewer: Public Sewer

Water: Public

New Construction: N

Schools

School District: Kent County Public Schools

Others

Tax Amount: $28,827

Tax Year: 2020

Tax ID: 1505023211

Ownership: Fee Simple

SqFt Source: Assessor

Security Features: 24 hour security,Resident Manager,Monitored

Acceptable Financing: Conventional,Cash

Special Sale: Standard

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Listing provided by  Coldwell Banker Chesapeake Real Estate Company

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    Teresa Repetto

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