Smith Island Inn
Ewell, MD
Offered for sale at $299,000
Completely renovated 1880’s Eastern Shore Farmhouse on historical Smith Island, a working watermen community. This home was completely renovated to commercial code.The Inn features all hardwood floors, neutral colors, antique furnishings, queen and king beds. A jasmine vine covers the pergola on the east side of the house along with a rose garden.The Inn has insulated siding, new windows, new electrical/plumbing/insulation, drywall, and a 50 year metal roof. Inn has 3 suites with en suite baths, a vinyl screened gazebo,and 2 outbuildings. Turnkey business includes canoes, kayaks, and bicycles along with all furnishings and business training. Opportunity to purchase additional property for innkeepers as well as the brand newly built dock and Inn boat used for charters for an additional fee. All inclusive package is $499,000.
Property Details- 3 Guest Rooms
- 3 Guest Room Baths
- Built in 1880
- Last Renovated in 2018
- Opened in 2012
- Building is 1,460 SQFT
- Lot is 0.3 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $299,000
- Occupancy Rate: 60%
- Average Daily Rate: 160.00
- Annual revenue is $69,000
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