InnShopper > Inns for Sale > Pennsylvania > Grove City > Terra Nova House Bed & Breakfast

Terra Nova House Bed & Breakfast


Grove City, PA   Offered for sale at $387,000
 

Terra Nova House is Grove City's award winning hotel alternative. Located in Mercer County, Pennsylvania, the B&B is conveniently located near Grove City Olde Town, Grove City College (GCC), Grove City Premium Outlets, Wabtec, Wendell August Forge, Slippery Rock University (SRU) and many others.

Beautifully-maintained and impressively appointed SIX bedroom, SIX bath, two partial bath home currently used as a successful B&B, the Terra Nova House, since 1998 under three owners. Many recent updates under current ownership. Third floor was completely renovated and now offers even more additional finished space. Modern kitchen (ca. 2010) Pocket doors. Convenient second floor laundry room. Second floor balcony. Two wrap-around porches. Shady back yard. Two car detached garage AND paved, off-street parking for 8 cars. Oversized lot.

Current owners reside in neighboring house (could be added to the agreement) that also has a carriage house offered for long term rentals.



Property Details
  • 6 Guest Rooms
  • 6 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1901
  • Last Renovated in 2014
  • Opened in 1998
  • Building is 3,500 SQFT
  • Lot is 0.34 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $387,000
  • Occupancy Rate: 40%
  • Average Daily Rate: $118
  • Terms: Separate transactions: - $350,000 for the property. - $37,000 for the business. - Option to purchase current residence (owners live in neighboring house).
Contact Information