Captain Bell B & B
Offered for sale at $569,000
The Captain Bell House B & B is an elegant Victorian mansion and guest cottage on a large (12,600 sq. ft.) corner lot in Vermilion's Harbourtown historic district, two blocks from Lake Erie.
The B & B opened for business May 1 2013 after a 3-year, $500,000 total renovation. Original Italianate Victorian architecture was preserved but all new systems were added and upgraded. Every surface and system was replaced or restored.
A major refresh was done in 2018-19.
Bell House B & B suites consist of two large rentals with full kitchens (Eagles Nest and Sunshine Suite) in the Bell house. The Cottage is adjacent to the Bell House and has a kitchenette. All suites have private baths and separate entrances. The two story, 8 room owner's residence is in the back of the main house, and can easily be divided to create a 4th rental suite.
Each suite has a Keurig coffee machine and refrigerator with bottled water etc. but breakfast is handled by giving vouchers to an excellent local restaurant located one block away.
Guests like this arrangement since they can eat what they want anytime they want, and it saves time for the Innkeeper.
Vermilion 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 city sponsors over a dozen street festivals, and hosts the largest one day event in Ohio, October's Wooly Bear Festival which draws upwards of 50,000 visitors.
There are 12 excellent local restaurants and two public beaches within 4 blocks of the Bell House, with sidewalks and tree shaded streets for easy walking. Main Street offers eclectic shops with unique offerings.
The B & B has been profitable since day one and has increased its income every year, with a strong and loyal return customer base.
This is a turn-key business opportunity to take over from the original owner, who is retiring.
Furnishings and all B & B business goodwill are included.
I hope you will visit the Captain Bell House website for an in-depth look at this wonderful purchase opportunity!
- 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
- Offered for sale at $569,000
- Occupancy Rate: 58%
- Average Daily Rate: $150
- Annual revenue is $72,000
- Terms: Revenue can be increased by social media marketing