Candlelight Inn Red Wing Minnesota
Red Wing, MN
Offered for sale at $629,000
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 since 2017 we are considering selling the home and possibly would finance the business seperate.The home itself would be 475,000 and complete furnished antiques and contents and business would be 175,000 Red Wing Minnesota is a historic river town and this is one of the most historic homes.
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 $629,000
- Occupancy Rate: 5 rooms 10 people
- Average Daily Rate: 189.00
- Annual revenue is $100,000
- Terms: For sale by owner Call Direct
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