• 6 Units
• Unknown Sq Ft
• 143,748 Sq Ft
• Unknown Cap Rate

Description

The Award Winning, iconic and highly rated Fairville Inn Bed and Breakfast is now for sale. This landmark property is located in the heart of Chadds Ford and includes the Main House dating from the early 1800s, as well as the Springhouse and Carriage House. The Main House is a contributing building in the Fairville Historic District. The owners have conducted a complete makeover of the property, transforming it into a stylish retreat and thriving business ready for the next owner. The property features a total of 10 guest rooms, each tastefully decorated. The Carriage House offers four rooms and two suites, each with a private deck overlooking the gardens. The Springhouse has four rooms, each with a deck and a panoramic view down the meadow to the neighboring pond. Eight of the rooms have gas fireplaces. The Main House features the guest reception area, a living room with a gas fireplace, an after-hours sitting room, a dining room and a commercial kitchen. There is also a commercial laundry and storage area located on the lower level of the Carriage House. The Main House also has the potential to add up to 5 more rooms, which would further drive revenue. One room has already been beautifully renovated to show the potential. Alternatively, the second level of the Main House could be easily converted into the Innkeepers residence. At present, there is parking for up to 25 cars, with further parking potential available. The parcel behind the Inn is included with the sale bringing the total acreage to 3.3 acres. Check the Village Commercial Zoning for additional revenue potential, including the possibility for a restaurant in the Main House. The Inn is just minutes from world-class venues including Longwood Gardens, the Winterthur Estate and Gardens, the Brandywine River Museum, Terrain and many more in nearby Kennett Square, West Chester and Wilmington. Showings by appointment only. Listing agent must accompany all showings. (Please see MLS# PACT2114060 for details about purchasing this property along with the neighboring residence at 504 Kennett Pike, MLS# PACT2113668.)