... to get free email updates and more!
 

Bed and breakfast for sale - Investment Grade- Michigan

Build your own price starting at $695,000 (#2024)

Michigan Bed and Breakfast for sale

#2024 Immaculate and profitable Bed and Breakfast with Restaurant For Sale in South Central Michigan, close to the Indiana Border

Please read the original write-up for this Inn/B&B that follows to learn of all its wonderful aspects and the features that it offers. At the end you’ll learn how – for a very limited time – you will have the opportunity to decide how much you wish to purchase, the price you wish to pay, AND get a full year of off-site Owners Quarters as part of the deal. But this truly is a time-sensitive deal, and might not be available for long … or ever again!

Provide guests with a memorable stay in this historical masterpiece, while also making them well-positioned to experience the many and diverse activities of the area.

Michigan Inn for sale Michigan B&B for sale

Built in the 1870's by a doctor turned banker, this Victorian showcase is also a testament to the ingenuity, loving care and hard work of the current owners and Innkeeper. Carefully and correctly restored 100+ years after its initial construction, and then filled with beautiful antiques, the Inn authentically reflects its history, yet is cozy, comfortable and welcoming.

Michigan Bed and Breakfast plus restaurant for sale  Immaculate Michigan Bed and Breakfast for sale

Immaculate Michigan Inn for sale  Immaculate Michigan B&B for sale

One of Michigan's first Bed & Breakfast Inns, and only the sixth Inn in the Midwest, this establishment is now in its 25th year of operation and going as strong as ever. Situated on one acre of land on a corner lot, the total package and setting provides the Inn, a carriage house, another building (currently housing The 19th Century Lighting Company), and space for special events such as weddings and receptions, in addition to another parcel of land across the street.

Two Bedrooms are located on the third floor, each with a private bath, in addition to a sitting area between the rooms and the access stairs to the roof-level "widow's walk" cupola.

Victorian Michigan Inn for sale Victorian Michigan Bed and Breakfast for sale

Victorian Michigan B&B for sale Michigan Victorian Inn for sale

Michigan Victorian Bed and Breakfast for sale  Michigan Victorian B&B for sale

In the main Victorian structure are three upper levels and and a lower level. 7 Guest Rooms are located in the main house, with one on the first level, four on the second and two on the third. Each room has its own theme and features a private bath, either ensuite or adjacent. All are filled with beautiful antiques which enhance the period decor and bring a bygone era back to life.

Historic Michigan Bed and Breakfast for sale Historic Michigan Inn for sale

Historic Michigan B&B for sale Historic MI Bed and Breakfast for sale

Historic MI Inn for sale Historic MI B&B for sale

An adjacent Carriage House has also been restored, and provides three more Guest Rooms. These rooms, each of which has a private bath, and one also with a hot tub, are coordinated in a Sherlock Holmes theme. This Sherlock Holmes theme is one of the interests of the current owner, and appropriate to the Mystery Weekends held at the Inn. Stays at the Carriage House are also popular with business travelers to the area.

Beautiful Michigan Inn for sale Beautiful Michigan B&B for sale

Historic Michigan Inn for sale

Historic Michigan B&B for sale Beautiful Michigan Bed and Breakfast for sale

Beautiful parlor rooms and a dining room are also located on the main floor, along with a commercial grade kitchen and the restaurant.

Not only do these rooms serve as common areas for guests, but they also provide the venue for the many activities hosted at the Inn, from the aforementioned Mystery Weekends to the Christmas Weekend featuring Charles Dickens' hosted 9-course English Victorian "Roast Goose & Spirits Dinner".

Michigan Restaurant for sale Victorian Bed and Breakfast for sale

Once a large side porch, this area is now a 42 seat restaurant playing host to guests and the public alike. Supporting the themed weekends, special events and romantic packages available, both the Inn and the Victoria Restaurant have been written up several times by Midwest Living and Victoria Magazine, satisfied the most discriminating of food critics, and received attention/note from The Malt Advocate and Wine Spectator Magazines.

Michigan Bed and Breakfast for sale Host Mystery Weekends at this Michigan Inn

Michigan Inn for sale Michigan B&B for sale

A bar area and outside deck with tasteful landscaping complement the indoor seating, which has both inside access for registered guests and a separate outside entrance. The entire operation is supported by a commercial kitchen and separate dishwashing area.

Michigan B&B and Restaurant for sale  Michigan B&B for sale

Michigan Inn for sale Michigan B&B for sale

With almost 1 1/2 acres of corner land, the Inn has spacious surroundings that are well landscaped, providing room to hold outdoor functions, ample area for guests to stroll the grounds, and room for expansion. A fountain area and gazebo to the side of the Inn, plus a large expanse of open grass, provide an ideal area for weddings, receptions and similar functions.

Beautifully landscaped Bed and Breakfast for sale Beautifully landscaped Inn for sale

Beautifully landscaped B&B for sale Beautifully landscaped Historic Michigan Bed and Breakfast for sale

While the Inn has become a destination for guests, given its special weekends, the surrounding area abounds with activities that an owner can take advantage of. Within a 30 mile radius of the Inn, there are 500+ antique dealers, 12 golf courses, 4 rivers for recreation, numerous arts and crafts boutiques and a 100 acre outlet mall. Slightly further drives will get a guest to The Kellogg Museum, Michigan's Wine Country or Indiana's Amish Country, to name but several major attractions.

With its location in a quaint, 19th Century river village, the Inn is situated halfway between Chicago and Detroit, making either metropolitan area a source of clientele.

Michigan Inn for sale Michigan Bed and Breakfast for sale

Current Owners live off premises, but several alternatives exist for the new Innkeeper, both on and offsite.  While local housing is reasonable, the current set-up provides several options. In the main house owners could occupy one or more of the rooms, or finish off work that had been started to situate quarters in the lower level. Use of the Carriage House as OQ would also make sense, as does improvement to the other on-site building which houses the lighting business.

Michigan B&B for sale Michigan Inn for sale

While the current owner would be willing to rent the building space for at least six months, or until another space could be negotiated, this building could also - with some modification - be the OQ. And, with a lot across the street being the final component of the total package, it provides the opportunity to expand operations, give quests another quiet space for their stay, or facilitate the building of a residence as Owners Quarters.

This long-term, profitable B&B Inn with restaurant is offered fully furnished with antiques, and including the Carriage House, building housing the lighting business (but not the business) and extra lot across the street, at $1.2 million dollars ($1,200,000.00)

This Michigan Bed and Breakfast For Sale is offered starting at $695,000 base price

What you have read about is all for sale. But for a limited time, you will have the unique opportunity to “build your Inn and the price”. With the main Victorian Inn building and the Carriage House containing approximately $500,000 of antiques (primarily furniture), the owner is willing to let a purchaser select which pieces (s)he desires. That way the purchaser builds upon – or subtracts from - the basic $695,000 price, determining which if any antiques are desired and will stay, thereby determining what the sale price will be. Thus all, none, or any of the antique pieces may be added.

Some components of the sale are independent of the amount of furniture selected, and include:

All land associated with the Inn/B&B operation

Other items necessary to a “turn-key” operation: appliances, bedding, dishware, glassware, linens, pots & pans and utensils

And several components may be excluded from the sale, lowering the price:

Carriage House furnishings

An “out building” that may be multi-purposed, and its associated land

An additional lot across the street from the main property

And, for a sale agreed upon before a brand-new apartment in town is rented, the new owners will receive 12 months of rent-free living. This will provide the purchaser(s) with 2500 square feet of living space while familiarizing themselves with their new operation. It also provides a period of time which will enable the new owner(s) to determine which – if any – of the following options will best meet their on-going needs, financials and other considerations:

Continue to live in the apartment

Find another apartment or home in town

Build on the vacant lot across the street from the Inn

Have the “out building” on the main corner lot built to owner specifications to serve as future OQ

Re-purpose portions of the Inn or Carriage House

The current owner will further work with the new owner(s) to build the “out-building” to new owner specifications at an agreed upon price as part of the purchase deal.

Build your own price starting at $695,000

Guest rooms 10 with private bath
Built in 1876
Open since 1981
Restaurant Yes
Historic Yes
Price $695,000
Do you need more information?

Click here to email this property to a friend

For more information or a personal tour of this inn, please contact our Michigan representatives of the B&B and Country Inn Marketplace:
Kim Wahtera with Keller Williams Realty
in Plymouth, Michigan

Phone: 734-757-8156

Email: KimWahtera@kw.com

Web: The B&B Country Inn Marketplace

When inquiring, mention property #2024.