A Night to Remember
SOLD

Lexington, Michigan
www.anighttorememberbandb.com
www.dropbox.com/sh/na8glxri3gkkoyo/AAAId1TTYrGfg
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Property Type
Bed & Breakfast / Inn
Guest Rooms
5
Baths
5
Restaurant
No
Owners Quarters
Yes
Asking Price
$550,000

Occupancy Rate
70%
Average Daily Rate
NA
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

GREAT opportunity in resort Village of Lexington. 5/6 guestroom Bed and Breakfast. Ample room for expansion. This is a one-of-a-kind piece of property. 1.4 acre property includes a local favorite ice cream parlor, 30x40 two-story antique barn retail store an additional building being used for scrapbooking parties. Endless expansion possibilities. Dreamy gardens surround property. Very successful 5 star rated Bed and Breakfast is beautifully decorated. Brand new furnace, and hot water heater 2019. Newer roof. Partly finished 3rd floor with 6th guestroom and bathroom .


Property Description

Currently on going business. Call Brian Krause for further details - 586-292-2900 briankrause1@comcast.net. Check out listing on Zillow or I can send you the MLS link. Based on appraisal the square foot of all buildings are approximately 6,840 sq. ft. (not including 3rd floor area and 6th bathroom). The house is 3,336 sq. ft. (not including 3rd floor which is partially finished with full 6th bathroom- approx. 600 sq. ft.). Ice cream shop with upper loft storage 720 sq.ft., scrapebooking building 384 sq. ft., barn 2,100 sq. ft. with built-in garage off work shop 300 sq. ft. - Total 2,400 sq. ft.


Business Description

5 guestrooms with high occupancy and many repeat customers. 5 star Trip Advisor Rating . All awesome reviews. The ice cream parlor (Temptations) is included in the sale which is a local favorite - great cash income second business. The 2,400 sq. ft. barn can be used for an antique shop, wedding chapel, work shop, car collectors dream building or add additional guestrooms to increase business income. There are endless expansion possibilities - possibly even build another house on the land. The income this place could generate is whatever your dreams take you.


Reason for Selling

Owners retiring.


Terms & Asking Price

Cash or commercial financing.