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Key Details
Sold Price $3,200,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $160
Subdivision St Michaels
MLS Listing ID 1001758812
Sold Date 01/13/20
Style Colonial
Bedrooms 20
Full Baths 20
HOA Y/N N
Abv Grd Liv Area 20,000
Originating Board MRIS
Year Built 1900
Annual Tax Amount $12,968
Tax Year 2017
Lot Size 0.703 Acres
Acres 0.7
Property Description
Five Gables Inn & Spa - Lovely Expandable Commercial Hotel (currently 20 rooms) Nestled in St Michaels, Maryland - Talbot County - 45 minutes Bay Bridge, 1 1/2 hr Baltimore, Washington, Philadelphia - 4 hrs driving distance from largest population base in America. OPPORTUNITY to acquire a well-performing Inn in an upscale prospering market - Extremely high barriers to entry - Ownership downsizing
Location
State MD
County Talbot
Zoning RES
Rooms
Main Level Bedrooms 10
Interior
Interior Features Attic, Other
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Fireplaces Number 20
Furnishings Yes
Fireplace Y
Heat Source Electric, Geo-thermal
Exterior
Waterfront N
Water Access N
Accessibility Level Entry - Main
Road Frontage Public
Parking Type None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Talbot County Public Schools
Others
Senior Community No
Tax ID 2102062852
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jonathan T Ginn • Meredith Fine Properties