The Grey Swan Inn Bed and Breakfast

Blackstone, Virginia
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USD $525,000
Asking Price
6
Guest Rooms
6
Baths

Property Overview

This lovingly restored, well-established inn is a sound operating business with growth potential. Antique furnishings, bed linens and associated housewares are included for a turnkey, uninterrupted operation. The Grey Swan Inn has been in operation for close to 40 years and has an excellent record of repeat clientele. Frequent guests include military personnel, foreign services diplomats, day trippers, wedding and family reunion attendees, civil war buffs, antiquing aficionados, and historians. Built in 1902 the home's historic integrity has been well maintained with modern upgrades. The inn offers five cozy guest rooms with private ensuite baths, a welcoming parlor with fireplace, comfortable sitting room, and recently remodeled kitchen. The property includes onsite innkeeper's quarters featuring a private bedroom, bath and sitting room. Guest love the sunny dining room and cozy front porch for casual breakfast and morning coffee. Adding to the charm of this historic inn are the original molding, hardwood floors, wainscoting, French doors and relaxing wrap-around porch. The buildings out back once served as rentals and could be restored to offer additional earning potential.


Property Description

1902
Year Built
4,974
Sq Ft
No Restaurant
Owners Quarters

Nicely located in central Virginia and close to the new state department development at Fort Pickett makes this inn rank high in location.


Business Summary

34%
Occupancy Rate
$85,000
Gross Revenue

This property has been an inn for nearly 40 years. It is currently being run as an Airbnb with self-service continental breakfast.


Reason for Selling

The previous owners retired and moved closer to family. The current owners had hoped to move to the area and were trying to manage from afar. The inn has been under renovation for most of the past year resulting in limited access to guests.


Terms & Asking Price

negotiable


Location

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