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