Property Address: 205 Cherry Street
St. Michaels, Maryland 21663
Contact: Kate Koeppen, Realtor
Chesapeake Bay Real Estate
108 N. Talbot St.
P.O. Box 889
St. Michaels, Maryland 21663
Contact Email: email@example.com
Contact Telephone: 410-829-0705
Contact Toll-free: 410-829-0705
Contact Fax: n/a
Property URL: https://www.victorianainn.com/
Date Business Established: n/a
Trade Association Affiliations: n/a
Financials Verified: Yes
Area Description: Picturesque Eastern Shore offers friendly and stress free living. Located two hours from Philadelphia, 90 minutes from DC, less than two hours from Ocean City and Johns Hopkins. An hours drive to Historic Annapolis, Naval Academy and St. Johns College. Close proximity to Washington College, Salisbury University and University of Maryland Eastern Shore. St. Michaels attractions include: Chesapeake Maritime Museum, great restaurants, boating, biking, fishing as well as annual events such as: Sea Glass Festival, Wine Festival, Classic Boat Festival, Charity Boat Auction, Sailing Regatta in Oxford, Oyster Festival, Waterfowl Festival in Easton, Concours d’Elegance, Fall into St. Michaels as well as Christmas in St. Michaels.
Site Description: Nestled on the corner of Cherry Street and St. Michaels harbor and brimming with charm. The Inn sits on a slight rise on the waterfront and captures everything about the heart of St. Michaels. Sits on one acre and the Inn is 4394 square feet. The waterfront inn and garden porch are in view of “Honeymoon” foot bridge, Hollis Park and the Patriot Tour boat. Located in town and walking distance to shops, restaurants, biking, boating and kayaking.
Structural Description: Built in 1865 on the biggest waterfront lot in St. Michaels. Second empire Mansard slate roof, colonial revival columned porches, center hall vestibule, arched dormers, modillioned cornices, panel doors with transom windows, original victorian period stairwell with walnut handrail and high ceilings.
Offering: Presented for $2,075,000! Current business is not for sale- this is a residential purchase zoned to allow a buyer to start their own home based business. The current business is Zoned R2 residential with a home based business run as Aida’s Victoriana Inn Bed and Breakfast It’s the only B&B in St. Michaels with a full, separate two bedroom two bath innkeepers house. There are seven bedrooms with four waterside bedrooms including a main level primary suite with a large private deck and sweeping views of the harbor. All rooms have separate controlled cooling. Three rooms have fireplaces. Plenty of access to the water via public kayak launch, free town day boat parking, overnight boat slips at the Maritime Museum and year round slip rentals next door at Higgins Yacht Yard. Full basement, onsite parking for ten cars. Fully furnished with old world charm. Price is the same with or without furniture. Purchase price includes everything needed to start your own B&B business plus access to reservation and accounting system. Service for 120 person events is included. Town of St. Michaels B&B Inn License is good for unlimited events including weddings. Buyer must apply for a license before settlement. Excellent high elevation with no current flood insurance. Financials only available after an in-person showing & a signed non-compete.
Note: Showings must be scheduled around occupancy with at least 24 hours notice. Access to all rooms may need several showing appointments. History, plat and features in MLS documents.
- Occupancy: n/a
- Average Daily Rate: n/a
- Income from Room Sales: n/a
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- Electric: n/a
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