GREAT OPPORTUNITY to Unlock the potential of this remarkable 2440 sq ft commercial space that once thrived as The Cove at Cobb Island â a beloved neighborhood restaurant, coffee bistro, and wine bar with an established following. This versatile property presents an exciting opportunity for entrepreneurs to revive the cherished gathering place or explore a myriad of alternative uses. The building, exuding the charm of a contemporary cottage, boasts stylish interiors flooded with natural light, adorned with beautiful murals depicting local river and plant life. Featuring luxury vinyl plank flooring, a newer roof, and HVAC system, the property offers both aesthetic appeal and modern amenities. Equipment conveys - ready for you to start the business up again! Additionally, a small efficiency apartment/cottage provides potential rental income. There is some extra space that can be used for outdoor dining. ADA accessible via a ramp for both the main building and the apartment, this property also includes a convenient shed for extra storage. Whether envisioning an art studio, antiques shop, beachwear boutique, or any community-focused business, this space is a canvas for your entrepreneurial dreams. Seize the opportunity to shape the next chapter of this versatile commercial property in the heart of Cobb Island. This property includes Lots 6, 7, A and Parcel 3.
The median home value in Cobb Island, MD is $415,000. This is higher than the county median home value of $391,900. The national median home value is $338,100. The average price of homes sold in Cobb Island, MD is $415,000. Approximately 60% of Cobb Island homes are owned, compared to 13.63% rented, while 26.37% are vacant. Cobb Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cobb Island real estate agent to arrange a tour today!
Cobb Island, Maryland has a population of 1,262. Cobb Island is less family-centric than the surrounding county with 30.81% of the households containing married families with children. The county average for households married with children is 32.85%.
The median household income in Cobb Island, Maryland is $116,674. The median household income for the surrounding county is $107,808 compared to the national median of $69,021. The median age of people living in Cobb Island is 47.6 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 44.6 inches per year, with 14.4 inches of snow per year.