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330 Savannah

LEWES, DE 19958
  • $2,350,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: DESU2007774
UPDATED: 27 min ago
$2,350,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1914
County:

School Ratings & Info

School District:

Description

The historic Savannah Inn in downtown Lewes, Delaware is available to purchase. Built in 1914, the Inn has been completely renovated and refurnished the past couple years. Additionally a full fire suppression sprinkler system for the entire building has been installed for safety. With 5,661 finished square feet in the main home, the Inn offers 6 bedrooms and an expansive guest common area. Each bedroom has an en suite full bath and its own controlled HVAC system - all separate from the main common area system and installed in 2020. One bedroom is a suite complete with living room, sunroom, steam shower and private entrance from the rear deck. This +G+suite+G- is probably bigger than many big city apartments. Multiple sitting areas, a gourmet kitchen, front wraparound porch and back sitting porch complete the main structure. In addition, there is a detached two car garage with a finished room and half bath above that can accommodate small gatherings sited adjacent to an outside garden and patio. Renovated and decorated in a style best described as +G+Coastal elegance+G- guests enjoy warm and welcoming accommodations in a setting only two blocks from the downtown shopping and restaurants. Lewes, founded in 1631 and named the best small town in the U.S. attracts tens of thousands of visitors each year and the Inn represents one of the most sought after choices to stay in town. The Inn is so popular that nearly seventy percent of guests are repeat guests coming year after year for one of Lewes+GG multiple promotional events. Many often make their reservations for the following year prior to leaving from their current stay. Sold fully furnished including all necessary operating equipment and house wares, the sale also includes the extensive web site, booking sites, art and food/drink inventory. Gross income for 2021 in excess of $350,000. Similar self managed B&B+GGs report as much as a 50% net profit. Anywhere close could return substantial rate of return on investment as well as luxurious living quarters. Full inventory list and disclosures are on line. Financial information is available with a signed non-disclosure document. Live in one of the bedrooms or manage from afar, this is a once in a lifetime opportunity! For an additional appreciation of this fabulous property, check out the owner's web sight.

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©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 Rhonda Frick Team | Long & Foster Real Estate. 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: 2021-11-29T08:50:38.177.
www.rhondafrick.com/homes/122100653
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330 Savannah LEWES, DE 19958

  • Price: $2,350,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 27 min ago
  • ID#: DESU2007774
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1914
Built
Neighborhood:
Lewes Rehoboth Hundred (31009)
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
The historic Savannah Inn in downtown Lewes, Delaware is available to purchase. Built in 1914, the Inn has been completely renovated and refurnished the past couple years. Additionally a full fire suppression sprinkler system for the entire building has been installed for safety. With 5,661 finished square feet in the main home, the Inn offers 6 bedrooms and an expansive guest common area. Each bedroom has an en suite full bath and its own controlled HVAC system - all separate from the main common area system and installed in 2020. One bedroom is a suite complete with living room, sunroom, steam shower and private entrance from the rear deck. This +G+suite+G- is probably bigger than many big city apartments. Multiple sitting areas, a gourmet kitchen, front wraparound porch and back sitting porch complete the main structure. In addition, there is a detached two car garage with a finished room and half bath above that can accommodate small gatherings sited adjacent to an outside garden and patio. Renovated and decorated in a style best described as +G+Coastal elegance+G- guests enjoy warm and welcoming accommodations in a setting only two blocks from the downtown shopping and restaurants. Lewes, founded in 1631 and named the best small town in the U.S. attracts tens of thousands of visitors each year and the Inn represents one of the most sought after choices to stay in town. The Inn is so popular that nearly seventy percent of guests are repeat guests coming year after year for one of Lewes+GG multiple promotional events. Many often make their reservations for the following year prior to leaving from their current stay. Sold fully furnished including all necessary operating equipment and house wares, the sale also includes the extensive web site, booking sites, art and food/drink inventory. Gross income for 2021 in excess of $350,000. Similar self managed B&B+GGs report as much as a 50% net profit. Anywhere close could return substantial rate of return on investment as well as luxurious living quarters. Full inventory list and disclosures are on line. Financial information is available with a signed non-disclosure document. Live in one of the bedrooms or manage from afar, this is a once in a lifetime opportunity! For an additional appreciation of this fabulous property, check out the owner's web sight.
Exterior Features

Construction Materials Brick Door Features Double EntryFrench Garage YN No Lot Features LandscapingLevelRear YardVegetation Planting Other Equipment See Remarks Parking Features Paved Parking Parking Types Private GarageDriveway Property Condition Excellent Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5661.00 Cooling Central A/C Exclusions Three Art Peices Flooring Ceramic TileHardwood Heating Forced AirZoned Heating YN Yes Net Square Feet 5661.00

Property Features

Accessibility Features Other Assessment Year 2021 Business Type Bed And Breakfast Central Air YN Yes Cooling Fuel Electric Foundation Details Block Heating Fuel Electric Historic YN Yes Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense Includes AdvertisingCable TvElectricHeating/CoolingInsuranceManagement FeesRepair/Maintenance Original MLSNumber 801107240108 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3308.00 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning City Of Lewes

Listing courtesy of Delaware Coastal Realty.


©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 Rhonda Frick Team | Long & Foster Real Estate. 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: 2021-11-29T08:50:38.177.
 
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