Small College Opportunity with Albion Heritage B&B


Albion, MI   Offered for sale at $274,900
 

Located conveniently across the street from one of the nation's best liberal arts colleges, Albion College, this inn has been active for the past 10 years and is ready to be passed on to the next owners. New owners will benefit from business-friendly ordinances, low local property taxes and limited competition from local inns and hotels. Parents of students and prospective students provide a constant flow of potential visitors during the school year and an active downtown corridor during the summer months provide a flow of visitors while the college is not in session.

Innkeepers' quarters are designed to be private from guests at all times if needed. The common area rooms give guests ample room to relax and enjoy company or some privacy.



Property Details
  • 4 Guest Rooms
  • 4 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1912
  • Last Renovated in 2009
  • Opened in 2009
  • Building is 3,688 SQFT
  • Lot is 0.39 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $274,900
  • Average Daily Rate: $109
  • Annual revenue is $40,000
  • Terms: Furniture has been sold as an estate sale, but former owners still in town and willing to help new owners as they see fit!
Contact Information