The Glass Magnolia

Interlaken, NY   Offered for sale at $889,000

Turn-key owner-occupied and hosted B&B in the heart of the Finger Lakes! This is the Glass Magnolia, a vintage Greek Revival run in the traditional B&B style. The business enjoys a loyal following, offering a relaxed stay about 1 mile from Cayuga Lake. Guests are treated to a royal breakfast of home-made muffins, egg dishes and Wally's renowned chocolate chip French Toast! TripAdvisor Certificate of Excellence for several years running. Most weekends are fully occupied from April-October. Great income with upside potential. Most all furnishings, inventory and equipment will convey with sale. Designated residential with Commercial use, and with the bonus of municipal water/sewer, and a great walking neighborhood, this is a wonderful destination and opportunity for the next owner! Business has increased steadily for each year they have owned the property. Shown by appointment only, no walkups please!

Property Details
  • 11 Guest Rooms
  • 13 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1900
  • Last Renovated in 2021
  • Opened in 2013
  • Building is 6,400 SQFT
  • Lot is 0.1 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $889,000
  • Average Daily Rate: 150
  • Annual revenue is $200,000
  • Terms: Cash, Conventional Business Loan
Contact Information