Historic Victorian Style Inn / Bed & Breakfast

Hospitality for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30378786
Property Subtypes: Bed & Breakfast, Inn
Number of Units: 11 Units
Building Size (RSF): 7,932 SF
Gross Building Area: See Agent
Gross Land Area: 3.13 Acres
Sale Price: $469,000
Unit Price: $42,636.36 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Name of Establishment: The Jefferson Inn
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Last Updated: 2/8/2019

Overview / Comments

Built in 1896, The Jefferson Inn is an established, turn-key opportunity for an owner/investor to live and work in a peaceful country setting. Quality of life, outdoor living and close community are part of the appeal of this iconic country inn. The town and the Inn bear the name of Thomas Jefferson, our third president and a true Renaissance man, and several rooms reflect his influence.

The 5754 s.f. Jefferson Inn has been in operation since 1970 and comes with all of the assets, turn-of-the-century decor and inventory necessary to continue operation. The Inn building itself has nine 1-bedroom chambers and two 2-bedroom suites, each with a separate bath. The kitchen and dining room provide the capacity to serve full country breakfasts daily. There are laundry rooms on the first and second floor. Original wood flooring throughout. Inn guests are attracted to the expansive mountain views and spectacular sunsets from the wraparound porch. A barn on the premises is a further source of event-related income.

A separate 2178 s.f. cape-style residence serves as owner’s quarters, complete with 4 bedrooms and two baths. A second barn has four horse stalls; the two mini horses and two goats can run with the property if desired!

Noteworthy attractions just minutes away include Jefferson’s Santa’s Village & Muddy Paws Dog Sled Kennel, Waumbek Golf Course as well as access to snowmobile trails, superb hiking, cycling, cross country skiing and sightseeing directly from the door! Many other nearby multi-season activities and attractions are too numerous to list.

This MUST-SEE opportunity includes Real Estate, Land, Business and Goodwill and is priced to sell at $469,000.

Additional Details

Nearest MSA: Berlin
County: Coos
Tax ID/APN: Map 5A Lot19
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Total Number of Buildings: 4
Year Built: 1896
Parking Type: Surface
Parking Description: Parking area recently resurfaced.
Heat Type: Oil
Interior Description: Propane for cooking and dryers; Oil for heat and hot water. Forced hot water and forced hot air systems. Rear roof replaced 3 years ago. Well is 507' deep; well pump recently replaced. Inn - new washer/dryer. Includes two refrigerators. New flooring in kitchen.
Water Service: Well

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,099 2,206
Median Age: 48.6 47.36
Households: 471 915


Photograph of Listing Agent

Rose Culver

Masiello Group Commercial Associates
NECPE Member
Photograph of Listing Agent

Jay DelMonte

Masiello Group Commercial Associates
NECPE Member
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