Thomas Shepherd Inn

Shepherdstown, West Virginia

Asking Price: USD $1,200,000
Guest Rooms: 6    6
Owners Quarter: 4    1

Property Overview

Located in the historic district of Shepherdstown WV, Thomas Shepherd Inn guests conveniently walk to all locally owned shops, restaurants, Shepherd University, and the C&O towpath which is popular with both USA and international bicyclists and hikers. Both Shepherdstown and Shepherd University host year-round events, including the Contemporary American Theater Festival every July. Shepherdstown's multiple attractions and popular events bring overnight guests to town, many comprising repeat visitors to this perfectly located Inn. Historic Shepherdstown is located on the Potomac River, one hour from both Washington DC and Baltimore, MD.
Thomas Shepherd Inn guests frequently visit Antietam Civil War battlefield located four miles from Shepherdstown in Sharpsburg, MD. Also popular is historic Harper's Ferry, located only twelve miles from Shepherdstown.
The historic Inn building, built in 1868, was originally a parsonage, then clinics and home for two physicians and their four children. It was remodeled into the B&B in 1984. Current owners purchased the Inn in 2021, immediately closed it for remodeling, and re-opened the Inn in April of 2022. Remodeling included 4 new bathrooms, new roof and gutters, 2 new water heaters, complete new electric service "breaker box", Indow brand acoustic window inserts throughout, new storm doors, plaster and paint throughout, thick granite tops placed on every radiator, upgraded lighting, integrated smoke detectors, emergency lighting and exit signs, coded entries, and multiple other repairs and upgrades. All new kitchen and owner's suite master bath were installed by prior owners in 2020. This Inn is in beautiful, turn-key condition.

This spacious Inn boasts high ceilings, large windows, beautiful trim and mouldings, and gorgeous hardwood floors.
The first floor rear of the building houses the owner's quarters with private entrance. The first floor front of the building houses the spacious entry, the extremely large parlor with working gas log fireplace, a relaxing Civil War themed lounge with electric insert in a lovely fireplace, and the attractively remodeled kitchen.
The second floor houses the six comfortable, thoughtfully-furnished guest suites, and the attractive library which is located off the large upstairs back porch. Guests can enter the Inn through either the first floor front door, or the second floor back porch door, with coded entries. There is private off-street parking located at the rear of the Inn's large back yard garden which features a new flagstone walkway and new fence. Easy entry to the Inn is provided from the parking lot up the new back staircase and through the upstairs back porch door into the library.

About the Owner's Quarters

The owners quarters has a private entrance off the back yard garden and private parking lot. It is comprised of a very large and lovely bedroom/sitting room with a double-sided brick fireplace between. The sitting room area has a double recliner loveseat, and a tv mounted above the working gas log fireplace. The very large business office area has spacious storage cabinets, two desks, a filing cabinet, other furniture, and a small refrigerator. There is a second large bedroom we currently use as our "walk-in closet". There is another cozy room with an exterior entrance which we use as a second "tv room". The bathroom was remodeled in 2022 and features a glass door walk-in shower.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Includes a Restaurant Golf
Business Description:

We are currently operating approximately 6 months this year for a personal preference, and this pays our annual expenses. Previous owners operated full time. Shepherdstown and surrounding area, Shepherd University, and the Thomas Shepherd Inn attract guests throughout the entire year, so there is plenty of opportunity for an owner who would prefer to be open year round. We have a full-time housekeeper who would desire to stay with new owners, and would eagerly work a full year, if required. We use Think Reservations system, and Ring Central for our phone system. Thomas Shepherd Inn won WV Magazine's Best of West Virginia B&B in 2023.

Terms of Sale:

To be negotiated. Willing to finance a portion of the sale.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Melissa Anderson (Owner)
  3522141943
Thomas Shepherd Inn

Sq Ft:

5,400

Owner's Quarters Sq Ft:

1,200

Year Built:

1868

Last Renovated:

2022

Years in Business:

41
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Financial Overview

Asking Price:

USD $1,200,000

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