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.