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209 N Talbot St
Saint Michaels, MD 21663
The Wildset · Hospitality Property For Sale · 20,000 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 1.21 AC
Building Size 20,000 SF
No. Stories 2
Year Built 1900
Parking Ratio 1/1,000 SF
Corridor Interior
Zoning Hotel

AMENITIES

  • Balcony
  • Restaurant
  • Spa
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi

ABOUT 209 N TALBOT ST , SAINT MICHAELS, MD 21663

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-062852
Land Assessment
$642,100
Improvements Assessment
$1,820,300
Total Assessment
$2,462,400
  • Listing ID: 12745327

  • Date on Market: 6/2/2018

  • Last Updated:

  • Address: 209 N Talbot St, Saint Michaels, MD 21663

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