For Sale $1,495,000 - Bed Breakfasts
Beautiful location. 6 units plus cafe/bar pool and decking areas
US 1,495,000
The owner has been in residence for 18 years.
2 boat slips and 90 feet waterfront with seawall.
The place does need some TLC but nothing major. All FF&E stays, restaurant equipment included
Was most recently a restaurant, run by the wife from Thanksgiving until March 7 when they closed and they did $385,000 (bzd – this is $192,500 USD) gross during that time.
Ground floor – two 1 bed, 1 bath units / one 2 bed, 1 bath unit (3 units total)
Second floor – bar, pool, deck, huge built-in BBQ grill (enough to do a meal for 50 people and they have a smokehouse on the property as well.
3 of the rooms are currently configured as a parlor w 2 bathrooms (one full, one half), which could be easily converted back into a hotel room
Kitchen – very large suite
Dish room – smaller room w full bathroom (this combo and the bathroom above was the original owner’s suite. Could be again, or could be two guest rooms.
You could, with a little work have two guest suites each w a separate living room and bedroom/bath here
Separate area w employee bath and bar (could be converted to a public bathroom)
Top floor – guest room w private sunset balcony
This could be a beautiful boutique-style bed & breakfast and have a small cafe for guests (could open to the public or not, as desired).
Cash flow/investment-wise, this could be a very nice business for the right operator. Live on the property or not – lifestyle business.
There is also room on the property to build a new owners quarter if desired – or without the owner living in the current space, you can have:
Ground Floor – 2 one bed, one bath and 1 two bed, one bath
Middle Level – 2 suites
Top Level – 1 “suite” single room on the third floor w a private covered veranda
This has a lot of potential for the right operator.
