SOLD! – Riverside Hotel Bed and Breakfast for Sale

Location: 639 Water St
Friendsville, MD 21531
Contact: Agnes Lichtner, Owner
Contact Telephone: (301) 616-4988
Contact Toll Free: n/a
Contact Fax:
Contact Email: fairybuzz@gmail.com
Agency: Railey Realty
2 Vacation Way
McHenry, MD 21541
URL: http://www.riversidehotel.us
Owner(s): Mike and Agnes Lichtner
Business Established: 07/01/2005
Affiliation: n/a

Area Description: Located in a small town on the Youghiogheny River where paddlers from all over the world take out after a day of class 3-5 white water paddling. Within 7 miles of PA and WV, close to lakes, hiking, skiing, universities & their city shopping. This hotel has been serving farm-to-table, vegetarian, organic dinners seasonally (May-Oct) and renting river-front rooms to a clientele that has proven worthwhile as customers and as friends. The town offers a lifestyle for raising a family, living self-sufficiently and enjoying the quiescence of winter. All on 0.38 acres on the edge of town with public services including grocery store, library, health food store, elementary school, gas station, bank, etc. Right off I-68 so access “to and fro” is convenient!

Site Description:

• 4 Guestrooms: 3 Riverfront, 1 Garden View
• Two bedrooms with private bath for up to 4 guests
• One bedroom with private bath for two guests
• One bedroom plus kitchenette with sofa bed and private bath for up to 3 guests
• One bedroom with gas fire place, private bath with Jacuzzi tub, kitchenette up to 2 guests
• Two Dining Rooms and Front Porch Dining with views and access along Youghiogheny River
• Separate living quarters with two bedrooms, one bathroom, kitchen and living area, fenced back yard. Living quarter area can be converted into more dining space
• Garden is approximately 5000 sq. ft. with raised beds
• Private parking for guests and owners.

Structure:

• 4000 sq. ft. building
• Wood and Vinyl Siding
• Metal Roofing
• Two Pellet Stoves
• Hot Water Baseboard Heat
• Town Water & Sewer
• Commercial kitchen designed with an aesthetic style original to the building.

Offering: $300,000 Asking Price. Owner financing available with 20% down and 5 year balloon.

Financial Information:

• Occupancy: n/a
• Average daily rate (ADR): n/a
• Income from room sales: n/a
• Taxes: n/a
• Electricity: n/a
• Water and Sewer: n/a
• Natural Gas: n/a
• Insurance: n/a

Special Notes: n/a