Tidewater Inn — Business for Sale

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Year built: 1948

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, is pleased to offer, on an exclusive basis, the fee-simple ownership of the Tidewater Inn and Tidewater House (referred to as the “Asset,” “Hotel,” “Property.”) Built in 1948 and located in the heart of Easton, Maryland, this irreplaceable historic landmark stands as Easton's only upscale, full-service hotel and is one of the most storied drive-to destination properties on the East Coast. A rarity in today’s investment market, this unique 89-key property has been impeccably maintained, combining historic grandeur and charm with modern hospitality standards in one of the region’s most charming downtown destinations. The Tidewater Inn sits as the epicenter of Easton's historic district on Maryland’s Eastern Shore. Recognized among America's Top 10 Best Small Towns by Travel + Leisure, Easton draws from over 20 million residents within a two-hour drive including Washington DC, Philadelphia, Baltimore, and nearby Annapolis. Despite its historical significance, Tidewater Inn has been meticulously maintained to exceptional standards with limited near-term capital requirements. The Property features state of the art amenities including the full-service Terrasse Spa, acclaimed Hunters' Tavern destination restaurant, and versatile event spaces from executive boardrooms to the grand Gold Ballroom, which regularly accommodates over 350+ guests for weddings, corporate functions, and other social gatherings. This rare independent acquisition opportunity is unencumbered by brand, management, or union restrictions, providing a new owner maximum flexibility and full operational control from day one. The Tidewater Inn presents multiple avenues for value creation through strategic operational improvements, potential brand affiliation, targeted renovations, specialty suite conversions, and enhanced spa and food and beverage programming. Combining rich heritage with proven performance, the asset offers investo

Market Context

This commercial property is listed for sale. The building dates to 1948. It has been on the market for 4 days. Compare it against other commercial property listings for sale — view the full market.

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