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21397874
21397876

506 Kennett Pike, Chadds Ford, PA 19317

SG
PA RS-290555
BHHS Fox & Roach-West Chester
Listed by BHHS Fox & Roach-West Chester
$3,150,000
491 days on market
Updated 119 days ago

The Fairville Inn

Details
APN 64-5-53 and 64-5-61.1A
Property Type Hospitality
Sub Type Hotel
Keys 10
Beds 10
Broker Co-Op Yes
Year Renovated 2021-2022
Buildings 3
Stories 2
Acreage 3.300
Zoning Commercial
Parking Spaces 25 spaces
Investment Type Owner/User
Ownership Fee Simple

This Stylish Bed & Breakfast / Inn in the Brandywine Valley is a great business opportunity!

Marketing 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 the parking potential on the property. The property includes the main 2 acre parcel as well as the open 1.3 acre parcel behind the property. 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.

Investment highlights

Revenue Growth Potential: the Main House 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.

Residence: the second level of the Main House could be easily converted into the Innkeepers residence.

Listing Contacts

SG
PA RS-290555
BHHS Fox & Roach-West Chester
Listed by BHHS Fox & Roach-West Chester

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Additional Information

Name
Stephen Gross
License
RS-290555
Brokerage
BHHS Fox & Roach, Realtors
Brokerage Phone
610-430-3030
Title
Broker of Record
Brokerage Address
1234 W Chester Pike, West Chester, PA 19382
Name
Stephen Gross
License
RS-290555
Brokerage
BHHS Fox & Roach
Brokerage Phone
6104311100
Brokerage Address
1234 West Chester Pike
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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