868 Park Ave - Hospitality FOR SALE


Baltimore, MD 21201- Midtown Baltimore
$7,000,000 USD
410-200-8304
868 Park Ave, Baltimore, MD for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

868 Park Ave
Baltimore, MD 21201
Midtown Baltimore


OVERVIEW

For Sale: Iconic Wyndham Franchised Hotel in Mount Vernon Have you ever dreamed of owning a piece of history? Now’s your chance! This exquisite 25-room hotel, part of the prestigious Wyndham franchise, is nestled in the charming Mount Vernon neighborhood—just 10 blocks from the bustling Inner Harbor. Property Highlights: • Historic Significance: Recognized by the Historic Hotels of America, this remarkable property has a storied past, including its connection to Wallis Simpson, wife of King Edward VIII. • Extensive Renovations: After remaining vacant for over 20 years, the current owner embarked on a comprehensive renovation, completing significant upgrades by 2010. • Modern Amenities: The renovation included: o All new plumbing and electrical systems o Advanced HVAC systems for optimal comfort o Full sprinkler and fire safety systems o Custom-built elevator for easy access o Additional custom stairs for enhanced safety and egress o Tastefully restored interiors that blend historic charm with modern elegance Investment Potential: This property offers a unique investment opportunity with the potential for a boutique hotel experience, with the ability to increase income and value. The lower level has previously been approved for a liquor license and offers ample space to build a full kitchen or restaurant. Additionally, coin-operated washer/dryers and vending machines can be added to further enhance amenities and increase revenue. The rich history and prime location make it an attractive destination for visitors seeking a blend of culture, comfort, and historical significance. Location Benefits: • Cultural Hub: Mount Vernon is known for its beautiful architecture, arts scene, and vibrant community. The proximity to the Inner Harbor ensures a steady flow of tourists and business travelers. • Accessibility: Easy access to major highways and public transportation, making it convenient for guests and staff alike. Don’t Miss Out! This is a rare opportunity to acquire a historic property with immense potential. Whether you are looking to expand your hospitality portfolio or embark on a new venture, this hotel is ready for its next chapter.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$496 USD /SF

# OF ROOMS

25

PRICE/ROOM

$280,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Brexton, Trademark Collection

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1881

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,354 SF

ZONING

C-1

APN/PARCEL ID

0503-036

ASK ABOUT THIS PROPERTY

Dan NyitraiRWN Development Group, LLCMore Info
410-200-8304

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Dan NyitraiRWN Development Group, LLCMore Info
410-200-8304

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