#1 • 6136 Tilghman Island Road

Part of 6136 Tilghman Island Road (timed auction by A.J. Billig & Co. Auctioneers)

Starting at $300,000.00

Status: Available

Live bidding starts Oct 30, 2026 12:00 PM EDT

 REAL ESTATE AUCTION Featuring Live Onsite & Simulcast Online Bidding – Opening Bid: $300,000 – TILGHMAN ISLAND WATERFRONT RESTAURANT & DOCK BAR 4,277± Sq. Ft. GBA ✦ 0.27± Acre Known As 6136 TILGHMAN ISLAND ROAD Formerly Operated as “Gina’s at the Bridge” & “Tiki Mike’s” Tilghman, Talbot County, MD 21671 Online Bidding Opens THURSDAY, OCTOBER 29, 2026 Live Onsite Auction FRIDAY, OCTOBER 30, 2026 AT 12:00 NOON NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. GENERAL INFORMATION: A once in a lifetime opportunity to purchase a waterfront restaurant building with tiki bar in one of the most sought after locations on Maryland’s Eastern Shore. Located at the gateway to Tilghman Island and facing the Tilghman Island Drawbridge, considered to be the busiest in the Country, the property features ample exposure to both boat and vehicle traffic. The auction provides an opportunity for both users and investors to purchase a trophy waterfront property in a truly unique, desirable location with extensive long-term potential. LOCATION: Tilghman Island sits at the western tip of Talbot County on Maryland’s Eastern Shore, reached via Tilghman Island Road (MD-33/Chesapeake Country Scenic Byway) and connected to the mainland by the drawbridge over Knapps Narrows — the busiest bascule bridge in the country. This narrow, three-mile island sits between the Chesapeake Bay and the Choptank River, giving waterfront property direct exposure to some of the most storied cruising and fishing grounds on the East Coast. For a buyer, the island’s identity as a working watermen’s village — still home to historic skipjacks docked at Dogwood Harbor — pairs with a growing wave of heritage tourism, drawing visitors seeking authentic seafood, boating, and Chesapeake Bay charm just 15 miles from St. Michaels and roughly 85 miles from BWI. A waterfront restaurant here taps directly into that draw, serving both a loyal local base and a steady seasonal flow of boaters, anglers, and day-trippers exploring the Great Talbot County Loop. Limited commercial waterfront inventory on the island, combined with recent hospitality investment nearby, adds to the appeal for an owner-operator or investor looking to capture Tilghman’s blend of maritime tradition and rising visibility as an Eastern Shore destination. For more information about the area, please visit: Tilghman Island, MD – tilghmanisland.org Destinations: Tilghman Island – tourtalbot.org Talbot County, MD – talbotcountymd.gov SITE: Lot size: 0.276 acre, more or less, according to public tax records Approximately 132’ of water frontage along Knapp’s Narrows and Tonger’s Basin Access via Oyster Shell Road Ample parking along the surrounding County Wharf. Approximately 6 spaces on property. Well and public sewer Zone AE (EL. 4) Flood Zone Plat ZONING: Zoned VM – Village Mixed (Talbot County) According to the Talbot County Zoning Code, “The Village Mixed District provides for low- or moderate-intensity residential and commercial uses. This district may contain a mixture of residential, commercial, and maritime/agricultural service uses. The commercial and service uses serve residents of the village and nearby areas, and may include heritage tourism uses to attract visitors.” For more information about Talbot County Zoning, please visit: Planning and Zoning – talbotcountymd.gov IMPROVEMENTS: One and two story frame building – according to public tax records was originally constructed in 1930 and contains 4,277 square feet of gross building area. An additional frame tiki bar and surrounding patio area expand potential seating significantly. Features Include: Full Kitchen – Hood System, Steaming Area, Walk-In Cooler, Dry Storage and Wait Station Multiple seating areas and bar area – Capacity estimated to be approximately 100 guests indoors Outdoor tiki bar, deck and patio space – Capacity estimated to be approximately 100 guests outdoors Powder Rooms New roof – asphalt shingle and rubberoid (2026) Multiple heating and cooling systems (forced air and splits) TITLE: In fee simple; sold free and clear of all liens. TAXES: Published annual real estate taxes are $5,365.17 based on a full value tax assessment of $576,900. SUMMARY TERMS OF SALE: Please see the contract of sale for complete terms. Live Auction Bidders – A $40,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 11:00 a.m. on Monday, November 2, 2026 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided). Online Auction Bidders – A $40,000 deposit, payable by cashier’s check or wire transfer, is due from all online bidders prior to bidding platform approval. That deposit to be applied to the purchase price for the purchaser, and all other deposits returned within 1 business day. Deposit to be increased to 10% of the purchase price by the purchaser by 11:00 a.m. on Monday, November 2, 2026. If you are unable to comply with the timeline, please do not bid. Deposit Escrow Agreement Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the additional deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, and any Talbot County notices or violations, if any. Purchaser assumes the risk of loss from the date of contract forward. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser, except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyers premium will be added to the high bid and becomes part of the contract price. Auction Registration Agent/Broker Registration Showing and Inspection The property will be open 1 hour prior to the live onsite auction and is available to view by appointment. Please contact the Auctioneer’s office, by phone: 410-296-8440 or email: info@ajbillig.com. Inspection requests are normally answered Monday-Friday 9 am-4 pm.