Building Details

Year Built 1920

Units 1

Listing Agency: CENTURY 21 NEW MILLENNIUM s***@realmarkets.com Show Phone

Listed By: Stephen M Karbelk · License #0225026849 Show Phone

Source: Elliman

Added: Apr 27 Changed: Aug 30 Last Checked: Aug 30 at 7:11AM

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Investment Insights

Based on property information with market context.

The Tilghman Island Inn is a renovated waterfront hospitality property spanning 5 acres on Maryland’s Eastern Shore. The improvements include more than 15,000 square feet devoted to hotel and restaurant operations, with 20 individually designed guest rooms, a waterfront restaurant and bar, outdoor dining terraces, and a 20 x 40-foot in-ground pool. Five guest rooms include gas fireplaces. The grounds also feature ornamental landscaping, raised-bed vegetable gardens, and a 30 x 12-foot greenhouse.

Waterfront infrastructure includes 345 feet of vinyl seawall, a 20 x 30-foot T-dock, and a 175-foot floating dock with 7 additional boat slips. The property is legally configured as 20 residential condominium units. Tilghman Island provides a Chesapeake Bay setting with access to St. Michaels, Easton, and Annapolis. The inn was established more than 50 years ago and has undergone a comprehensive renovation.

Key Highlights

• 5‑acre Chesapeake Bay waterfront property with 15,000+ sq. ft. hotel and restaurant
• 20 uniquely designed guest rooms, including 5 with gas fireplaces
• 345 ft. vinyl seawall with 20 x 30 ft. T‑Dock

Property Analytics

Property Profile

Current Use

Blue Waterfront Restaurant Restaurant

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

68

Businesses Nearby

Explore this area Business Placement

Demographics for 21671, MD

773

Population

539

Households

1.4

Avg Household Size

60

Median Age

22%

College-Educated

84%

High-School Grad

2.1 sq mi

ZIP Area

368

Density / Sq Mi

$64,514

Median Household Income

$24,864

Median Earnings

$339,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Hotel - Reimagined hospitality property with guest accommodations, waterfront dining, private docks, pool, gardens, and Chesapeake Bay views.

Where is this hotel located?

The property is located at 21384 COOPERTOWN Rd Tilghman, MD.

What is the asking price?

The asking price for this property is $5,200,000.

What are key features of this property?

This property features: 5‑acre Chesapeake Bay waterfront property with 15,000+ sq. ft. hotel and restaurant; 20 uniquely designed guest rooms, including 5 with gas fireplaces; 345 ft. vinyl seawall with 20 x 30 ft. T‑Dock