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Hotel Brexton, Trademark Collection 868 Park Ave 25 Room Hotel Baltimore, MD 21201 $7,000,000 ($280,000/Room)

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EXECUTIVE SUMMARY

For Sale: Iconic Wyndham Franchised Hotel in Mount Vernon
Have you ever dreamed of owning a piece of history? Now’s your chance! This exquisite 25-room hotel, part of the prestigious Wyndham franchise, is nestled in the charming Mount Vernon neighborhood—just 10 blocks from the bustling Inner Harbor.
Property Highlights:
• Historic Significance: Recognized by the Historic Hotels of America, this remarkable property has a storied past, including its connection to Wallis Simpson, wife of King Edward VIII.
• Extensive Renovations: After remaining vacant for over 20 years, the current owner embarked on a comprehensive renovation, completing significant upgrades by 2010.
• Modern Amenities: The renovation included:
o All new plumbing and electrical systems
o Advanced HVAC systems for optimal comfort
o Full sprinkler and fire safety systems
o Custom-built elevator for easy access
o Additional custom stairs for enhanced safety and egress
o Tastefully restored interiors that blend historic charm with modern elegance
Investment Potential:
This property offers a unique investment opportunity with the potential for a boutique hotel experience, with the ability to increase income and value. The lower level has previously been approved for a liquor license and offers ample space to build a full kitchen or restaurant. Additionally, coin-operated washer/dryers and vending machines can be added to further enhance amenities and increase revenue. The rich history and prime location make it an attractive destination for visitors seeking a blend of culture, comfort, and historical significance.
Location Benefits:
• Cultural Hub: Mount Vernon is known for its beautiful architecture, arts scene, and vibrant community. The proximity to the Inner Harbor ensures a steady flow of tourists and business travelers.
• Accessibility: Easy access to major highways and public transportation, making it convenient for guests and staff alike.
Don’t Miss Out!
This is a rare opportunity to acquire a historic property with immense potential. Whether you are looking to expand your hospitality portfolio or embark on a new venture, this hotel is ready for its next chapter.

PROPERTY FACTS

Price $7,000,000
Price Per Room $280,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.05 AC
Building Size 14,126 SF
No. Rooms 25
No. Stories 6
Year Built/Renovated 1881/2021
Parking Ratio 1.06/1,000 SF
Corridor Interior
Zoning C-1 - Zoning will allow for office, retail, apartments, or hotel use

AMENITIES

  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 25 $186.00 -
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0503-036
Land Assessment
$182,900
Improvements Assessment
$958,300
Total Assessment
$1,141,200
  • Listing ID: 33637803

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 868 Park Ave, Baltimore, MD 21201

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