InnShopper > Inns for Sale > Minnesota > St. Paul > The Covington Inn Bed and Breakfast

The Covington Inn Bed and Breakfast


St. Paul, MN   Offered for sale at $499,000
 

The Inn is on a renovated towboat, fully refurbished. On board is also the innkeeper apartment, completely separate from the guest part of the inn. There is also a large kitchen, not commercial right now but it could be converted back if needed. There is a huge deck and then another smaller deck with beautiful views of the Mississippi and beautiful downtown Saint Paul. We say that the Covington Inn is a world away in the heart of the city. The current owner loves the business but wants to move to a tropical location.



Property Details
  • 4 Guest Rooms
  • 4 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1946
  • Last Renovated in 1995
  • Opened in 1995
  • Building is 3,000 SQFT
  • Lot is 0 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $499,000
  • Occupancy Rate: 55%
  • Average Daily Rate: $180
  • Annual revenue is $150,000
  • Terms: contact me and sign a non-disclosure agreement for more information
Contact Information