Charming B&B in Cooperstown, NY

Cooperstown, New York

Asking Price: USD $730,000
Guest Rooms: 5    5
Owners Quarter: 2    2

Property Overview

The charming Cooperstown Bed and Breakfast is located steps away from shopping, dining & the National Baseball Hall of Fame in the village of Cooperstown, NY. The inviting property is on roughly 1/3 acre & offers prospective owners a turnkey property with excellent opportunity for revenue growth.

This charming property is located on Chestnut Street, steps from dining, shopping and the Baseball Hall of Fame in the village of Cooperstown. The inviting property is on ? acre in the Leatherstocking Region of New York. This property in Otsego County offers prospective owners a turnkey seasonal property with opportunity for revenue growth.

Cooperstown Bed & Breakfast is the ideal lifestyle property with a ground floor 2-bedroom owner's quarters, separate kitchen & private entrance. The B&B has been updated and renovated by the current owners & features inviting common areas, on-site parking, elegant guest rooms, an on-site chicken coop, gorgeous furnishings and a well-earned reputation with opportunity for growth in a thriving tourist destination. The entrance to the property features a charming front porch with rocking chairs and dining tables for al fresco breakfast service. The ground floor of the Inn features a front parlor with desk check-in area, stately living room with electric fireplace, guest dining room, inn kitchen, owner’s quarters, laundry room & basement access. The 2nd floor features three guest rooms including a two bedroom suite and Juliet balcony for guests. The 3rd floor features an open guest sitting area, built-in shelves, desk, guest computer and access to two additional guest rooms. All of the rooms are in excellent condition with queen or king beds, and many with newly renovated bathrooms & modern fixtures.

There is additional owner & overflow parking beside a two car garage that features storage for lawn equipment, a bluestone patio sitting area with a large cement top table and a pottery shed. This area has the opportunity to be reconfigured for guest use. The owners have installed a large backyard chicken coop adjoining the garage & beyond there is a 45’ x 100‘ open backyard that is currently unused. The Inn features extensive garden beds throughout and a fenced-in area of vegetable & herbs for use in the Inn kitchen.

If you are looking to be an owner operator with the option to run a seasonal property in a charming location, then Cooperstown bed and breakfast just might be The B&B you have been waiting for!

About the Owner's Quarters

The owners quarters located directly off of the kitchen featuring a 2nd full kitchen, master bedroom, walk-in closet, two full bathrooms and a 2nd bedroom/office surrounding a spacious open concept living room room.

Features:
  • Has a Barn Romantic
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
Business Description:

Cooperstown is a top destination in New York State with a rich and diverse array of attractions. The National Baseball Hall of Fame attracts close to 300,000 visitors annually while the renowned Glimmerglass Festival Opera company attracts diverse high end clientele to the region. The Farmer’s Museum, world-class Fenimore Art Museum, Otsego Lake, Dreams Park, Hyde Hall & Ommegang Brewery all give an array of visitors reasons to enjoy Cooperstown. Cooperstown is the county's top tourism draw & spending has been rising steadily from $175 million in 2014 to $352 million in 2023. Cooperstown has a strong tourism infrastructure & the local economy is poised to continue to rebound post-pandemic. The future business potential of Cooperstown Bed & Breakfast is well supported by the enduring appeal of the village and county beyond. Tennis, hiking, boating, golf, biking, fishing, swimming & excellent dining & shopping options are available within minutes of the inn.

Terms of Sale:

Contact info@whitestonebroekrs.com for any questions or additional financial information.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Chris Kelly (Consultant)
  650-241-8108
White Stone Brokers

Owner's Quarters Sq Ft:

1,000

Acres:

0.3
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Financial Overview

Asking Price:

USD $730,000

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