The Cornwall Inn

Lebanon, Pennsylvania
Add to Favorites
955,500
Asking Price
3
Guest Rooms
3
Baths

Property Overview

Approx. 13,000 SF of total potential: some w finished w heat, finished w/o heat & unfinished w/o heat living space-all under roof. Leased tent is approx. 3200 SF bringing grand total to over 16,000 SF. Borders Lebanon Valley Rails to Trails. Very close to PA Turnpike 76. 50 min-Philadelphia, 30 min-Lancaster, Reading or Harrisburg. 20 min-Hershey Park. Nearby towns Mt. Gretna & Hershey invites vibrant art & theater, golf, boutique & antique shopping, historic sites + quaint Amish country. Easy proximity to Baltimore, Philadelphia, New York City & Washington, DC. Location. Location. Location.


Property Description

1850
Year Built
7,097
Sq Ft
No Restaurant
Owners Quarters

Nestled on 2.3 acres. The Cornwall Inn. Central PA. Premier venue for distinctive weddings & events. Your dream come true by following current plan or devise your own or as personal residence w potential for guest house. Zoned Commercial Neighborhood (many uses permitted). Southern Lebanon Valley. Iron trestle bridge, stonewalls, rustic carriage house, flowing stream & seasonal gardens. 3 beautiful suites. 2 apartments: (Or 5 bedrooms, 5 full & 6 half baths). 26x62 Ballroom. Chef’s kitchen. Over 10,000 SF includes attic & LL. 20x30 barn. 22x24 carriage house. 40x80 leased tent. Parking.


Business Summary

75%
Occupancy Rate

Zoned Commercial Neighborhood. Banquet Facility/Lodge, Bed and Breakfast, Other, Restaurant/Bar, Apartment Building, Apartments, Bar/Tavern/Lounge, Barber/Beauty, Bed & Breakfast, Church, Convenience Store, Funeral Home, Mixed, Multi-Family, Office, Professional Service, Recreational, Residential, Restaurant, Retail, School, Spa, Special Purpose. Request zoning docs.


Reason for Selling

Seller plans to devote energy & passion to their other business AFTER Buyer is secured for The Inn.


Terms & Asking Price

Cash or Private Financing. No Seller Financing. Settlement flexible.


Location

Mortgage Calculator

Inn Aquisition
Purchase Price
$
 
Improvements Required
$
 
Total Acquisition Cost
$
 
Buyer Equity
$
Closing Costs
$
Loan Amount
$
 
Financing Terms
Mortgage Interest Rate
%
Length of Mortgage/Years
Estimated Payments
Monthly Principal + Interest Payment
$
 
Annual Payment
$