Captain Bell B & B


Vermilion, OH   Offered for sale at $584,900
 



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The 1876 Captain Bell House B & B is an elegant ship captain's mansion two blocks south of Lake Erie in lovely Vermilion, OH, named one of the best small towns on Lake Erie. The property also has an adorable guest cottage.

Both buildings sit on a large (12,600 sq. ft.) corner lot in the Harbourtown historic district. There are 12 locally owned restaurants within 3 blocks, and the beach is just four blocks away.

Vermilion began as a ship building community in the 1830's but in modern times is a well known summer destination with lakeside homes and cottages, fine dining ( #1 & #2 rated restaurants on Lake Erie) and over 3000 private boats moored in the many marinas along the Vermilion River.

The B & B opened for business May 1 2013 after a 3 year complete renovation costing $300k and 8000 hours of the contractor/owner's labor. A major refresh was done in 2018-19. Original Victorian architecture was preserved but all new systems were added and upgraded. Every surface and system was replaced or restored.

There are 3 large rental suites, two in the main house and one in the Cottage. In addition, a fourth large suite is currently the owner's suite. The owners suite can be divided to create a fourth rental suite.

There is a full laundry facility on each of three levels in the Bell House.

The B & B has been profitable since day one and has increased its income every year, with a strong and loyal return customer base. 2019 revenue was $72,000 for 3 suites.

But now, at age 70 after two major foot surgeries I need a one story house, so I am offering to sell my fabulous, elegant and successful Bell House B & B.

Furnishings and business are included for a full price offer. Will train the new owner.

I hope you will visit the Captain Bell House website for an in-depth look at this wonderful purchase opportunity! Thank you!

Phil Laurien
Owner/Innkeeper



Property Details
  • 3 Guest Rooms
  • 3 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1876
  • Last Renovated in 2019
  • Opened in 2013
  • Building is 4,073 SQFT
  • Lot is 0.3 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $584,900
  • Occupancy Rate: 50%
  • Average Daily Rate: $150
  • Annual revenue is $72,000
  • Terms: Local credit union is willing to finance a qualified buyer.
Contact Information