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Solomons Victorian Inn on Chesapeake Bay


Solomons, MD   Offered for sale at $1,299,000
 

Presenting Solomons Victorian Inn, a successful 7 guest room Maryland bed and breakfast for sale located in the popular Chesapeake Bay getaway destination of Solomons Island. Solomons Island is a waterfront town situated at the confluence of the Patuxent River and Chesapeake Bay. The inn features views of the yacht-filled harbor and is a short walk from the town’s iconic Riverwalk promenade. The town is home to diverse restaurants, shops and marinas, and is close to an array of area attractions including lighthouses, festivals, wineries and historic sites. Boat tours, kayak rentals, charter fishing, sailing and museums are close at hand. Solomons Island is only 60 miles from Washington, DC, yet is a world away. The Inn prospers year-round, achieving a 45% occupancy rate and strong bottom line.

The Inn was built in 1906 for a renowned shipbuilder. Today, the inn has 5 guest rooms and suites in the Main Inn and 2 suites in the Carriage House addition, all with water views. Guest rooms vary in size from cozy to vast with varying amenities including spa tubs and fireplaces. The Inn dining room is a 35 foot-long, four-season porch with floor to ceiling windows. An open, covered porch wraps around the front of the inn, taking advantage of the views. Guests also enjoy a comfortable living room with a fireplace. The well-equipped kitchen is large and bright with plenty of storage.

New owners will enjoy the enviable ground-level owners quarters: a huge master bedroom and bath, a dining room and a living room with heated floors and a fireplace. French doors open to two private patios for owners’ exclusive use.

Solomons Island is within 2 hours of Baltimore, Annapolis, Richmond, Washington DC and northern Virginia. The island is a popular year-round getaway destination. With a strong ADR, and substantial Net Operating Income, Solomons Victorian Inn is profitable AND has upside potential. The Chesapeake Bay lifestyle is a bonus.



Property Details
Financial Details
  • Offered for sale at $1,299,000
  • Occupancy Rate: 45%
Contact Information