InnShopper > Inns for Sale > Connecticut > Madison > Tidewater Inn

Tidewater Inn


Madison, CT   Offered for sale at $1,399,000
 

If you have ever fantasized about being an innkeeper in a charming seaside town, this is your chance. The historic Tidewater Inn is perfectly located a short distance from both a beautiful sandy beach and delightful downtown Madison. It offers 8 guest rooms in the main house plus owner quarters and comfortable parlor and dining room for guests to relax, congregate, and enjoy breakfast by the fire in the winter and overlooking the many stunning gardens in the summer. In addition, there is a separate one-bedroom guest cottage and additional space on the third floor of the main house which would be perfect for an owner residence. The Inn has a long history of hospitality beginning its life as a tea room and gift shop circa 1925 and after a stint as a private residence, later became a rooming house in the 1960's. It was sold and extensively renovated by the previous owner and became a bed and breakfast in 1987. Continuously operating as a B&B since then, the current owner has made many updates and improvements as well. Sale includes the property, business and Inn furnishings.

Imagine owning a one of a kind historic Inn in prestigious Madison, CT
Continue the Tidewater's thirty-year tradition of welcoming guests. This opportunity is only presenting itself because the owner will be retiring.
Don't Miss Out

See MLS #170048851 for photos. Link for virtual tour: https://www.planomatic.com/172566 Note: property to be sold as is, with, or without contents.



Property Details
  • 9 Guest Rooms
  • 9 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1925
  • Last Renovated in 2016
  • Opened in 1986
  • Building is 6,739 SQFT
  • Lot is 1.34 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,399,000
  • Occupancy Rate: 48.7%
  • Average Daily Rate: 145.68
  • Annual revenue is $211,000
  • Terms: Offered as is with or without contents
Contact Information