Five Gables Inn & Spa in St. Michaels For Sale

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Listing Description

Five Gables Inn & Spa St. Michaels Maryland - Historic In Town Boutique Hotel, Spa, and Retail

Marcus & Millichap has been chosen to exclusively market for sale the Five Gables Inn & Spa. Nestled in a scenic village near Chesapeake Bay, the 20-room inn is made up of three circa 1860 homes - two adjoining traditional brick and the colonial style Five Gables located across the street - which have been lavishly renovated to offer an elegant, yet comfortable getaway for discerning travelers. The inn features an Aveda Concept Spa, an indoor pool, sauna and steam room. Two rentable shops are located at the inn: B’s Stitches, a fine needlepoint shop, and a 700 square foot, street-facing retail space. The Five Gables Inn & Spa also features five pet-friendly rooms and one pet-friendly suite.

The main building of the inn houses eight 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. There are three suites and three queen-size rooms in this building. The 3rd house has a breakfast room, five suites, and one queen size room. On-site parking is available at each location. All rooms include an expanded continental breakfast and the use of the indoor pool, steam room, sauna and bicycles (seasonal).

INVESTMENT OVERVIEW

Investment Highlights

1. Extremely High Barriers to Entry, Virtually Immune to the Impact of New Supply
2. Located in Talbot County, One of Maryland’s Most Sophisticated Small Towns Boasting Over 600 Miles of Chesapeake Bay Waterfront
3. Outstanding Location, on the Water and in Town. Walking Distance to all St. Michaels Attractions

New Investor Upside in Underutilized Spa, Retail, F&B, and Meeting Room Amenities

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