Candlelight Inn Red Wing Minnesota

Red Wing, MN   Offered for sale at $695,000

Built in 1877 the Candlelight Inn Is a historic part of Red Wing Minnesota. The inside has been preserved and it feels like you are taking a step back in time.The unique woodwork and features make this home and business one of a kind.The woodwork includes a Butternut fireplace and a Cherry wood fireplace.Also a feather painted fireplace from 1877.The home will include the business and most of the furniture and antiques including the pre civil war Bed Half Tester from a Kentucky plantation.The library area ior sitting room is mostly cherrywood with oak floor along with a fireplace.The home also contains 2 servant quarter bedrooms and a bath.You could possibly have up to 8 bedrooms but currently we rent out 5.The five rooms all have a bathroom which includes a tub or shower. We were nominated for the Best of the Best in 2018 and won in 2019. We were also featured on only in Minnesota as a travel destination. Currently updating kitchen and two bedrooms and laundry.We have invested over 650,000. Would make a great vacation rental or self run Air B n B.With 5 to possible 8 rooms this home has a lot of potential.The carriage house still has the original horse stalls from 1877 and a barn like hay mound upstairs that could be converted to a Art Studio.

Property Details
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1877
  • Last Renovated in 2020
  • Opened in 1989
  • Building is 4,000 SQFT
  • Lot is 0.5 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $695,000
  • Occupancy Rate: 5 rooms 10 people
  • Average Daily Rate: 189.00
  • Annual revenue is $100,000
  • Terms: For sale by owner Call Direct 715 730 0288
Contact Information