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48409 Smith Drive

RIDGE, MD 20680
  • $510,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: MDSM2020498
UPDATED: 55 min ago
$510,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1969
County:

School Ratings & Info

Description

Price reduction of $25,000! Waterfront on Jutland Creek off the Potomac River. Sereneone-acre property current operated as a small commercial marina with deep water piers in aprotected cove. Awesome views. This property has potential in several directions. Since the1970s, the property has been continuously operated as a marina, currently BluHaven Piers,originally Misty Cove Marina. Be an owner-operator and live in the main marina building on theproperty. Or renovate/convert the main building into a primary or secondary residence and applyto rezone the property as residential, which may be a more valuable long-term option.Property includes a main building serving as the marina reception, with an upstairsoffice, a garage, and showers and bathrooms for marina slip holders. There are several smallout-buildings for storage or a workshop. There are about 50 boat slips on three piers, one ofwhich is covered. Approximately 7 feet water depth at the end of the piers. Electricity and waterprovided to many of the boat slips. This beautiful property is in search of a caring owner withvision and is priced accordingly.The absentee owner has retired and put the marina into a self-service mode, awaiting anew owner. No marketing has been done since before the pandemic. Since the summer of2023, several improvements have been made, including the removal of a few abandoned boatsfrom the yard and repairs to one of the small storage buildings. As an ongoing business, themarina is breakeven at best on an operational basis before any personnel costs. That is, slipfees currently cover insurance, property taxes, electricity, waste removal, telephone, web site,and minor maintenance. Property is sold strictly as is.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-06T18:50:39.58.
www.suresalesgroup.com/homes/154133894
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48409 Smith Drive RIDGE, MD 20680

  • Price: $510,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 55 min ago
  • ID#: MDSM2020498
0
Beds
0
Baths
0
½ Baths
1.1
Acres
1969
Built
County:
Saint Marys
School District:
St. Mary's County Public Schools
Property Description
Price reduction of $25,000! Waterfront on Jutland Creek off the Potomac River. Sereneone-acre property current operated as a small commercial marina with deep water piers in aprotected cove. Awesome views. This property has potential in several directions. Since the1970s, the property has been continuously operated as a marina, currently BluHaven Piers,originally Misty Cove Marina. Be an owner-operator and live in the main marina building on theproperty. Or renovate/convert the main building into a primary or secondary residence and applyto rezone the property as residential, which may be a more valuable long-term option.Property includes a main building serving as the marina reception, with an upstairsoffice, a garage, and showers and bathrooms for marina slip holders. There are several smallout-buildings for storage or a workshop. There are about 50 boat slips on three piers, one ofwhich is covered. Approximately 7 feet water depth at the end of the piers. Electricity and waterprovided to many of the boat slips. This beautiful property is in search of a caring owner withvision and is priced accordingly.The absentee owner has retired and put the marina into a self-service mode, awaiting anew owner. No marketing has been done since before the pandemic. Since the summer of2023, several improvements have been made, including the removal of a few abandoned boatsfrom the yard and repairs to one of the small storage buildings. As an ongoing business, themarina is breakeven at best on an operational basis before any personnel costs. That is, slipfees currently cover insurance, property taxes, electricity, waste removal, telephone, web site,and minor maintenance. Property is sold strictly as is.
Exterior Features

Construction Materials Block Garage YN No Parking Types DrivewayPrivate Garage View Creek/Stream Water Access YN Yes Water Body Name Jutland Creek Water Body Type Creek Water View YN Yes Waterfront YN Yes

Interior Features

Building Area Total 1688.00 Cooling Ductless/Mini-Split Heating Wall Unit Heating YN Yes Net Square Feet 43567.00

Property Features

Acceptable Financing Cash Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Lease Considered YN No Navigable Water YN Y New Construction YN No Original MLSNumber 803316760690 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Septic Exists Tax Annual Amount 6864.00 Vacation Rental YN No Water Source PrivateWell Zoning COMMERCIAL

Listing courtesy of O'Brien Realty ERA Powered: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-06T18:50:39.58.
 
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SURE Group | Berkshire Hathaway Home Services Homesale Realty
3500 Boston Street
Baltimore MD, 21224