Skip To Content

205 Cherry Street

SAINT MICHAELS, MD 21663
  • $2,025,000
  • STATUS: Active
  • ON SITE: 128 Days
  • ID#: MDTA2000292
UPDATED: 51 min ago
$2,025,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1875
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This is a residential purchase zoned to allow a buyer to start their own home based business. Current business is not for sale. Once in a lifetime opportunity to own a St. Michaels iconic landmark waterfront property in a premier in-town location! This grand historic home is on the biggest waterfront lot overlooking the St Michaels harbor. Breathtaking views of the "Honeymoon" footbridge, Hollis Park, the Patriot Tour Boat, marinas & Navy Point, the home of Chesapeake Bay Maritime Museum. The main building is distinguished by it's elaborate 2nd Empire Mansard slate roof and Colonial Revival columned porches. Zoned R2 residential with a current home based business run as Aida's Victoriana Inn Bed and Breakfast. It's the only B&B in St. Michaels with a full, separate two bedroom, two bath Innkeepers house which would make a beautiful guest house. The property can be subdivided into two waterfront houses. There are seven bedrooms with four waterside bedrooms including a main level primary suite with a large private deck and sweeping views of the harbor. All rooms have separate controlled cooling. Three rooms have fireplaces. Plenty of access to the water via a public kayak launch, free Town day boat parking, overnight boat slips at the Museum and year round slip rentals next door at Higgins Yacht yard. Full basement in the main house provides ample storage. There is onsite parking for 10 cars. Commercial sprinklers throughout. Fully furnished with old world charm. Price is the same with or without furniture. Purchase price includes everything needed to start your own B&B business plus access to reservation and accounting system. Service for 120 person events is included. Town of St. Michaels B&B Inn license is good for unlimited events including weddings. Buyer must apply for license before settlement. Excellent high elevation with no current flood insurance. Financials only available after an in-person showing & a signed non-compete. Please do not go on the property without an appointment. Listing agent must accompany any showings. Showings must be scheduled around occupancy with at least 24 hours notice. Access to all rooms may need several showing appointments. History, plat and Features Sheet in MLS documents.

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-29T09:50:50.473.
www.mikecolemanteam.com/homes/119663856
Print Image

205 Cherry Street SAINT MICHAELS, MD 21663

  • Price: $2,025,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 51 min ago
  • ID#: MDTA2000292
0
Beds
0
Baths
0
½ Baths
0.73
Acres
1875
Built
Neighborhood:
St Michaels
County:
Talbot
Elementary School:
St. Michaels
Middle School:
St. Michaels
High School:
St. Michaels
School District:
Talbot County Public Schools
Property Description
This is a residential purchase zoned to allow a buyer to start their own home based business. Current business is not for sale. Once in a lifetime opportunity to own a St. Michaels iconic landmark waterfront property in a premier in-town location! This grand historic home is on the biggest waterfront lot overlooking the St Michaels harbor. Breathtaking views of the "Honeymoon" footbridge, Hollis Park, the Patriot Tour Boat, marinas & Navy Point, the home of Chesapeake Bay Maritime Museum. The main building is distinguished by it's elaborate 2nd Empire Mansard slate roof and Colonial Revival columned porches. Zoned R2 residential with a current home based business run as Aida's Victoriana Inn Bed and Breakfast. It's the only B&B in St. Michaels with a full, separate two bedroom, two bath Innkeepers house which would make a beautiful guest house. The property can be subdivided into two waterfront houses. There are seven bedrooms with four waterside bedrooms including a main level primary suite with a large private deck and sweeping views of the harbor. All rooms have separate controlled cooling. Three rooms have fireplaces. Plenty of access to the water via a public kayak launch, free Town day boat parking, overnight boat slips at the Museum and year round slip rentals next door at Higgins Yacht yard. Full basement in the main house provides ample storage. There is onsite parking for 10 cars. Commercial sprinklers throughout. Fully furnished with old world charm. Price is the same with or without furniture. Purchase price includes everything needed to start your own B&B business plus access to reservation and accounting system. Service for 120 person events is included. Town of St. Michaels B&B Inn license is good for unlimited events including weddings. Buyer must apply for license before settlement. Excellent high elevation with no current flood insurance. Financials only available after an in-person showing & a signed non-compete. Please do not go on the property without an appointment. Listing agent must accompany any showings. Showings must be scheduled around occupancy with at least 24 hours notice. Access to all rooms may need several showing appointments. History, plat and Features Sheet in MLS documents.
Exterior Features

Construction Materials Other Docks 0 Garage YN No Location Type Downtown Lot Features CornerFront YardLandscapingNo Thru StreetStream/Creek Other Equipment Negotiable Parking Features Private Parking Types Parking LotOn StreetDriveway Property Condition Very Good Riparian Rights YN Yes Road Responsibility Public Roof Slate View Garden/LawnHarborPanoramicRiverWater Water Access Features Canoe/KayakPublic Access Water Access YN Yes Water Body Name Miles RiverSt Michaels Harbor Water Body Type River Water Oriented YN Yes Water View YN Yes Waterfront Features Split Lakefront Waterfront YN Yes

Interior Features

Building Area Total 4394.00 Cooling Central A/CHeat Pump(S) Exclusions Furniture in innkeepers HouseTools in Inn BasementSecretary in Living Room. Some Personal items. Flooring Hardwood Heating RadiatorHeat Pump - Electric Backup Heating YN Yes Inclusions Furniture inside And Outside Innevent TablesChairsLinens And Tableware For 120All Kitchen And Dining Room Accessories And Tv'sBedroom And Dining Room Linens. Two Kayaks. Net Square Feet 4394.00 Security Features Exterior CamerasFire Detection SystemMain Entrance LockResident ManagerSmoke DetectorSprinkler System - Indoor

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Builder Name Henry Clay Dodson Business Type Bed And Breakfast Central Air YN Yes Cooling Fuel Electric Elevators 0 Entry Level 1 Foundation Details Crawl SpaceSlab Heating Fuel ElectricOil Historic YN Yes Hot Water Multi-TankElectric Internet Services Broadband Lease Considered YN No Mean Low Water Feet 3 Navigable Water YN N New Construction YN No Number Of Units Total 2 Operating Expense Includes Cable TvElectricHeating/CoolingInsuranceLandscapingPest ControlSewerTrashWater Original MLSNumber 800865358602 Owner Pays All UtilitiesInsuranceLawn/Shrub Care Ownership Interest Fee Simple Possession Settlement Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 13217.00 Tax Assessment Amount 1154767.00 Tax Lot 31 Transportation Airport Less Than 10 Miles Utilities Cable Tv Vacation Rental YN No Water Source Public Zoning R2 Zoning Description R2 Residential Which Allows A Special Exception For A Home Based Business.

Listing courtesy of Chesapeake Bay Real Estate Plus, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-29T09:50:50.473.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_800865358602-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_800865358602-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_800865358602-2.jpg
Logo
The Mike Coleman Team | Keller Williams Realty Devon-Wayne
216 E. Lancaster Ave.
Wayne PA, 19087