110 Anglers Rd - Hospitality FOR SALE


Lewes, DE 19958
$5,900,000 USD
302-236-1230
110 Anglers Rd, Lewes, DE for Sale
$5,900,000 USD
Hospitality - FOR SALE
1/58
null | Request Cap Rate

110 Anglers Rd
Lewes, DE 19958


HIGHLIGHTS

  • Location, A+ Condition.
  • High Visibility
  • Income Generating.
  • Professionally Maintained
  • NO deferred maintenance
  • Located in beautiful downtown historic Lewes on the quieter, beach side of town

OVERVIEW

First time offered for sale, the iconic boutique 'Hotel Blue' that redefined what it means to stay in luxury. Located in beautiful downtown historic Lewes on the quieter, beach side of town. There is plenty of patron parking on site and free 24-hour street parking. It's only a short walk to the beach and all the dining and shopping attractions in town, making this the go-to locale for discerning vacation goers. This upscale, first-class hotel neatly infuses the Victorian charm of yesteryear with contemporary chic. This 16-suite hotel boasts extremely large accommodations, fully outfitted in each room with a coffee bar, microwave, fireplace, dining tables and chairs, multiple guest seating and sofa, shower robes, security safes, and more. Each suite has blackout window dressings, and are triple insulated for an absolutely quiet and relaxing stay. The blue glow bath sinks are pleasing to the senses and create a spa-like atmosphere. Every suite is designed for maximum comfort, quiet, and privacy and each has equal upscale amenities regardless if it's a Deluxe suite or a one-bedroom suite, including walk-out balconies or patios. The King-sized beds in all the suites give guests plenty of sprawl space, and a few suites have private patios and Koi Ponds. The bedding is new, carpets are new, and most furnishings are new. This hotel is ready to operate from the minute you take ownership. The rooftop pool gives you a spectacular panoramic view of the first town in the first state and you can see the beautiful canal front and yachts and the wide vista views of nature. Relax in the four-person sauna or the large common area living room by the fire. All the mechanicals in this gorgeous hotel have been meticulously maintained including highly efficient geothermal heating and cooling and brand new super-efficient boiler hot water system. For longer vacationers, there is a full-service laundry room with all preventative maintenance on the equipment. The elevator is more than a convenience after a day of exploring the charming town. Built in 2006, there is nothing that cannot be described as fresh and crisp. This hotel rivals the best of the best in NYC and has a quintessentially Parisian flair to it.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$112 USD /SF

# OF ROOMS

16

PRICE/ROOM

$368,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Blue

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,653 SF

ZONING

TN

APN/PARCEL ID

335-08.08-6.00-104

ASK ABOUT THIS PROPERTY

William LucksWilliam Luck's Professional Group - Powered by KWMore Info
302-236-1230

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William LucksWilliam Luck's Professional Group - Powered by KWMore Info
302-236-1230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.