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510 Riviera Dr - Gunpowder Cove Marina
11.56 Acres of Commercial Land Offered at $6,900,000 in Joppatowne, MD 21085
Investment Highlights
- A unique opportunity to own a full-service marina with over 11 acres of upland and flexible zoning to maximize redevelopment potential
- Over 789,000 people living within a 30 minute drive from the subject property
- Boasting more than 2,000 linear feet of waterfront
- Located in a well-established bedroom community near Baltimore, MD -Over 789,000 people living within a 30 minute drive from the subject property
- The existing marina has historically offered over 500 slips including; deep-water wet slips, lift equipped slips, upland dry storage, retail sales, f
- 45 minutes from Baltimore, MD
Executive Summary
Nestled in a sheltered harbor just beyond a natural river bend, an ideally positioned marina for convenient and secure dockage.
Attractive opportunity for marina residential redevelopment.
Proposed redevelopment options include: Apartments (MF), Residential (attached and detached), Assisted Living Facility (ALF), Restaurant & Mixed-use (The proposed uses are conforming, but may be subject to Harford County approval)
Property Facts
Price | $6,900,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | |
No. Lots | 1 | Total Lot Size | 11.56 AC |
Price | $6,900,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 11.56 AC |
1 Lot Available
Lot
Price | $6,900,000 | Lot Size | 11.56 AC |
Price Per AC | $596,886 |
Price | $6,900,000 |
Price Per AC | $596,886 |
Lot Size | 11.56 AC |
The subject site is located in the Northern Chesapeake Bay region in a bedroom community right outside of Baltimore, MD. The subject consists of two parcels totaling a combined 11.56 acres.
Description
SVN Safe Haven Advisors, in partnership with SVN Miller CRE, is pleased to present "Gunpowder Cove Marina", a premier waterfront redevelopment opportunity located just 45 minutes from downtown Baltimore, MD. This expansive 11.56-acre site, boasting over 2,000 linear feet of waterfront and direct access to the Northern Chesapeake Bay, offers substantial redevelopment potential. Under the framework of the existing B3 zoning redevelopment would allow for: residential, apartments, assisted living facilities, mixeduse, along with many other desirable uses.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $687,400 | |
Land Assessment | $1,856,700 | Total Assessment | $2,544,100 |
PROPERTY TAXES
zoning
Zoning Code | B3 (Community Business District) |
B3 (Community Business District) |
Presented by
510 Riviera Dr - Gunpowder Cove Marina
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