The Oliver Inn

South Bend, Indiana

Asking Price: USD $1,800,000
Guest Rooms: 9    10
Owners Quarter: 2    1

Property Overview

Originally built in 1897 as a venue for entertaining in grand fashion, The Oliver Inn presents timeless elegance paired with modern convenience, perfectly suited for today’s innkeeper or investor. This stately property has been thoughtfully maintained and updated, making it an ideal turnkey hospitality opportunity.

The main house features spacious, welcoming common areas, including an exquisitely appointed living room/library with a grand piano (which conveys with the sale), a generous dining room that accommodates all inn guests and is perfect for events, along with a professional-grade chef’s kitchen with two oversized pantries and extensive built-in storage—perfect for efficient service and event hosting.

Guest accommodations include 7 rooms on the second floor, a private suite on the third floor, and an additional 2 bedroom/2 bath guest suite located in the Carriage House, which was originally built in 1912. The Carriage House once housed the family’s chauffeur and vehicles. Today, the second floor has been converted into a fully functional 2-bedroom, 2-bath apartment with its own kitchen, laundry, screened-in balcony, and separate HVAC system—making it perfect as owner’s quarters, a long-term rental, or a high-performing guest suite.

The main house also offers a discreet staff/service entrance to the kitchen and back-of-house areas, with access to the basement (used for laundry, storage, and mechanicals) and secondary staircases leading to the upper guest floors—allowing seamless operations without disturbing guest experiences.

About the Owner's Quarters

Third floor 2 bedroom, 1 bath, with plenty of storage and private staircase to back-of-house service areas, which include 2 HUGE pantries and a catering kitchen.

Features:
  • Is Historic Historic
Business Description:

The Oliver Inn offers unmatched potential, historic charm, and a prime location in South Bend, Indiana. Currently revenues are more than 10% above last year's, and all indications are positive for that to continue. Beyond that, additional opportunities for weddings and events, along with a history of long-term loyalty from guests coming for events at Notre Dame University, provide excellent opportunities for ongoing growth.

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
Marilyn Bushnell (Broker)
  410-422-0013
Inns, B&Bs, and Unique Lodging

Sq Ft:

10,026

Owner's Quarters Sq Ft:

800

Acres:

1

Year Built:

1886

Last Renovated:

2023

Years in Business:

32
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Financial Overview

Asking Price:

USD $1,800,000

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