The Olney Inn


Olney, MD   Offered for sale at $1,600,000
 

Former home of Harold Ickes, Secretary of the Interior under FDR, this is the largest Sears built house in the country. Main House has 5 bedrooms with private baths. Carriage House has three bedrooms, 2 bathrooms and full kitchen.
This has operated as a B&B since January 2016. Occupancy >50%. High ratings, lots of return guests. All major systems replaced in past 6 years. New metal roofs, driveway and parking lots repaved, large saltwater swimming pool rehabbed, new hot tub, beautiful landscaping, friendly neighborhood.



Property Details
  • 5 Guest Rooms
  • 6 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1926
  • Last Renovated in 2002
  • Opened in 2016
  • Building is 7,000 SQFT
  • Lot is 2.35 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,600,000
  • Occupancy Rate: 50%
  • Average Daily Rate: 154.00
  • Annual revenue is $150,000
  • Terms: owner financing possible
  • Prequalify for Financing
Contact Information