Five Gables Inn & Spa - St. Michaels, Maryland - Talbot County
LOVELY EXPANDABLE COMMERCIAL HOTEL (currently 20 rooms) Nestled in St. Michaels, Maryland - "the Heart and Soul of the Chesapeake Bay" Easton, Talbot County - 6th richest small town in America (Bloomberg) - 45 minutes Bay Bridge, 1 1/2 hr Baltimore, Washington, Philadelphia - 4 hrs driving distance from largest population base in America. Represents the OPPORTUNITY to acquire a well-performing Inn in a very UPSCALE PROSPERING MARKET - Extremely high barriers to entry. Ownership Downsizing.
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FIVE GABLES INN & SPA - Welcome to Five Gables Inn and Spa - 5 Historic Buildings (20,000’) on 1.21 acres - Built 1880 - 1900. - Taxes $21,155 - Represents the OPPORTUNITY to acquire a well-performing Inn in a very upscale prospering location - Extremely high barriers to entry. A Lifestyle Investment - St. Michaels is upscale. Easton (8 miles) is ranked # 6 in Bloomberg's rating of the Richest Small Towns in America. A long term investor can enjoy the benefits of owning a Hotel in St. Michaels, and enjoy the Lifestyle the Eastern Shore offers. The property is being offered at a 25% discount to a 2017 appraisal. Price and information upon Request. Click on Picture.
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LUXURY - The Chesapeake Inn is located in four historic houses. The main building houses eight king guest rooms, the Spa, indoor swimming pool, sauna and steam room. Directly across the street from the main house is the original Inn, The Brick House, where two historic homes were joined together; we have three Suites and three queen size rooms in this building. Our third house is next to the brick house and has our breakfast room, five suites and one queen size room. On site parking is available at each location. All rooms include a continental breakfast and the use of the indoor pool, steam room, sauna and bicycles (seasonal). Fireplaces are on from October through April.
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SPA - 6 rooms - The Aveda Concept Spa located in the main building of Five Gables Inn and Spa. It offers services daily by appointment. You must be over 18 years old to experience services at our Aveda Concept Spa.
The Brick House # 2 and # 3 - 2 Suites and 3 Queen Rooms and Retail Store
The Green House - Building # 4 - Breakfast Room and 5 Suites and Queen Room
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The Breakfast Area in The Green House - All rooms include a gourmet continental breakfast.
The Conference Building
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Retail - 2 retail store locations - Flying Freds and B's Stitches
SALES NOTES
Legally Permissible Uses: The subject is zoned CC, Central Commercial District. This zoning permits retail sales, offices and service related businesses as well as duplexes, bed and breakfasts and hotels. Therefore any of these uses are considered permissible.
Physically Possible Uses: The subject's sites are of adequate size, shape and topography. Water and sewer are provided by the town of St. Michaels. As such, various retail, office, service related uses or residential accommodations are possible.
Financially Feasible Uses: Surrounding properties consist of various office, retail, service related uses, bed & breakfasts or hotels. The area enjoys a low vacancy rate.
Maximally Productive Use: The maximum productive use of the property is "as is" an Inn/Spa use.
Lifestyle in Talbot County: St. Michaels is upscale. Easton (8 miles) is ranked # 6 in Bloomberg's rating of the Richest Small Towns in America. A long term investor can enjoy the benefits of owning a Hotel in St. Michaels, where there are very high barriers to entry, and enjoy the Lifestyle the Eastern Shore offers, while being in the Mid-Atlantic growth area. The property is being offered at a 25% discount to a 2017 appraisal.
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The subject property is comprised of 2 parcels that are improved by 5 buildings. They currently operate as the Five Gables Inn and Spa. The structures containing the rooms were built in the late 1800's to early 1900's and have all been renovated and additioned. The conference/laundry building was built in the 1950's and has since been renovated. The buildings are of masonry/brick, concrete block and wood frame construction. They all have wood frame roof structures with either composition shingles or seamed metal roof cover. They are of good quality construction with numerous baths, kitchenettes, fireplaces, individual heating and cooling units and wet sprinklered. The improvements are well maintained and considered to be in good condition. There are 20 rooms, 8 of which are suites. The spa has a hydrotherapy room, 5 message rooms, indoor pool and steam/sauna room. Additionally, there are innkeeper's quarters, 2 retail stores, offices, lobby, breakfast room, reading room, conference room and common areas. The Inn is being offered at a 25% discount to 2017 appraisal.
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burgeoning mid Atlantic location - St Michaels
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Chesapeake Bay - St. Michaels
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Once a trading post on Maryland’s Eastern Shore, St. Michaels has become one of scenic Talbot County's prized gems. Vacationers from nearby metro areas like Washington, D.C., and Philadelphia flock here for the gorgeous views, historic architecture, and died-and-gone-to-heaven seafood.
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ST. MICHAELS, MARYLAND - TALBOT COUNTY
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ST. MICHAELS - Calling itself "The Heart & Soul of the Chesapeake Bay," the town of Saint Michaels, Maryland retains the look and feel of a 19th century seaport. Walk on red brick sidewalks past the Victorian homes and boutique shops of the historic district, or head down to the pier in search of famously fresh seafood. The Chesapeake Bay Maritime Museum preserves the history of Saint Michaels, with restored examples of "bugeyes" and "skipjacks," unique boats developed by the fisherman of Chesapeake Bay. Click on Picture
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Skipjack Trips
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St. Michaels Shopping
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Oxford Ferry
What the Locals Say
“The Chesapeake culture is alive and well in Talbot County,” says Cassandra Vanhooser, director of economic development and tourism. After years of traveling the South as a writer for Southern Living, Vanhooser found a spot on the map she just couldn’t leave. “We can trace our roots back to the 1600s, but our coastal towns and villages are not stuck in yesteryear,” she explains. “They are vibrant, thriving communities that combine modern amenities with Old World charm. Talbot County also draws an eclectic mix of individualists, from captains of industry to watermen (and women) who still make their living fishing for blue crabs, oysters, and rockfish.”
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Things to Do Boating, paddling, fishing, hunting, golfing, swimming, biking, hiking, birding - outdoor activity abounds in St. Michaels. You’ll find plenty of shops and galleries in town, as well as St. Michaels Winery and Lyon Distilling Co. Stop by the Chesapeake Bay Maritime Museum, an 18-acre waterfront museum showcasing the Chesapeake and its people. In 2016, the museum began restoration of the 1889 Edna E. Lockwood, last remaining log-bottom bugeye under sail. They're hoping to relaunch the boat for the annual Oyster-Fest in 2018
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concours d'elegance
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Festivals Wine-Fest, Running Festival, Oyster-fest, Fall into St. Michaels and Christmas in St. Michaels are just a few of the wonderful festivals held throughout the year. Many of these festivals have been held for years and all feature the beauty of St. Michaels.
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Jewels, Gems and Galleries Fine Art Galleries, Estate and Fine Jewelry, boutiques and high-end designers are all to be found while shopping in picturesque St. Michaels. Talbot Street and its charming storefronts, is home to many trendy retailers and purveyors of antiques and collectibles.
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Dining and Entertainment St. Michaels is a wonderful spot for a Foodie! Crab houses, in town & waterfront bars, winery, brewery and Zagat rated fine dining are all available in St. Michaels located either on the waterfront or in the ambiance of historic old homes.
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Outdoor Sports Running and kayaking trails winding in and around St. Michaels provide runners, bikers, kayakers and paddle boarders the beauty of the waterfront, the history of the old homes or the tranquility of old growth forests, all within St. Michaels.
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Boating Whether you arrived in St. Michaels by boat or car, learning about the history of the town while experiencing St. Michaels from the water is a must do. Take a ½ hour harbor tour, sail on an historic sailboat or a take 9 mile narrated historical cruise but don’t miss the Best of St. Michaels!
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“Midway down Maryland’s Eastern Shore, grand estates sit alongside small communities of working watermen, bicyclists share roads with farm tractors and Porsches, and wild white swans glide past sailboats and motor craft from all over the East Coast.” New York Times
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Event Destination St. Michaels is a wonderful home for your Destination Wedding, Corporate Event or Family Reunion. Our facilities have the ambiance and services to make your event a once in a lifetime memory.
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Dog Friendly Paradise - Where Luck is a Good Boat – A Great Dog – Partners & Best Friends Many Hotels, restaurants, retailers and even local banks all have amenities specific to dogs traveling with their owners, making St. Michaels a heavenly spot for man’s best friend.