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Monhegan House- A Maine island inn for Sale

10 miles off the coast of Maine on magical Monhegan Island. Home to the Monhegan House hotel and restaurant. 28 guest room accommodations, seasonal lodging,
 

Monhegan House- A Maine island inn for Sale

July 28th, 2017 by Janet Wolf

On an island off the coast of Maine is a hotel that speaks the language of the island. Unhurried pace, simple unfettered charm and friendly relaxed ambience. From a recent guest review:

“A place where the simple island life is made memorable.”

The Monhegan House started its’ island life as a simple cape house built in the 1840s. In the early 1870’s, the owners became the first on the island to offer lodging and meals to seasonal visitors. As artists and others began flocking to the island, several renovations and expansions were completed to meet growing demand. Thus starting a long tradition of island hospitality.

Additional renovations throughout the 20th and 21st centuries now provide for 28 guest rooms and a sixty-seat dining capacity restaurant. The restaurant serves breakfast and dinner to guest of the inn, and is a favorite of the general public as well. The spacious commercial kitchen is located just off the dining room and is geared to serve appropriately.

Guests enter the welcoming reception lobby with two inviting comfortable seating areas. A mantle of smooth beach rock surrounds a propane-fired stove. A separate meeting/gathering room offers guests a quiet space to join together for small meetings or for a game of cards or chat with fellow guests with a cup of tea.

On the ground floor there are two suites with private baths and a shared deck. The remaining rooms on the 2nd, 3rd and 4th floors utilize shared bath/shower/toilet/sink facilities that have been recently renovated and are exceptionally clean and maintained throughout the day for guest’s comfort. All rooms offer ocean or lighthouse and meadow views.

There are accessory buildings that include the owner’s cottage, buildings for staff and a workshop. In addition the hotel includes ‘The Novelty’, a popular spot open to the public throughout the day and evening that offers delicious pizzas, fresh sandwiches and salads as well as an extensive selection of wine and beer…and let’s not forget the ice cream!

Monhegan Island is special in so many ways that draws overnight guests, seasonal residents and scores of day visitors back year after year and decade upon decades…

  • The 10-mile ferry ride is part of the total experience! Ride the classic vintage wooden mail boat Laura B or passenger ferry Elizabeth Ann from the mainland at Port Clyde, or a cruise boat that departs seasonally from both New Harbor and Boothbay Harbor.
  • A coastal village with no cars!… just a few resident’s work trucks.
  • No paved roads… just narrow lanes and footpaths.
  • Fishing and lobstering families still live and work by the tide clock.
  • ¾ of the island’s 700 acres is protected in its pristine state by Monhegan Associates, a land trust formed in 1954.
  • Beyond the village the geography of meadows, marches and spruce and pine groves with 17 miles of trails draws birders, photographers, artists and trekkers seeking solitude and breathtaking views.
  • The cliff walk takes you to a headland 160 feet above the Atlantic.
  • The island’s special light and picturesque buildings and grand headlands has inspired generations of painters including 3 generations of the Wyeth family.

But one MUST go there to really experience the magic of this place. The Monhegan House welcomes you.

The B&B Team is pleased to offer this coastal Maine summer hotel that embodies the beauty and charm of a unique place, Monhegan Island.

The Monhegan House has continued to maintain and replace systems and renovate over the years, refreshing the rooms and suites while maintaining an eye for true coastal Maine lodging and dining experience.

From a technical perspective, a new septic system was installed in 2015. An extensive list of repairs and renovations is available.

Embrace the Monhegan experience. The Monhegan House is offered for sale for $1,695,000.

For more information, contact Rick Wolf, 207-967-1995 of The B&B Team, Inc.

New York Adirondack Inn for sale

July 17th, 2017 by Peter Scherman

The 18-guest room Adirondack Lake Inn is a premier Adirondack boutique hotel with an award-winning restaurant and wine cellar. Located just 1 ½ hours from Albany, New York in the southern Adirondack region, guests come to enjoy a luxurious stay at an authentic New York Adirondack inn for sale, to dine at the award-winning restaurant or to attend a meeting or special event. Lake activities and other recreation are available on site and the inn is near popular 4 season attractions including Nordic and downhill skiing. A recent substantial investment in the facilities and a strong marketing program have turned this romantic Adirondack resort lodge into a highly successful business. This is an outstanding hospitality business and opportunity.

The Adirondack Lake Inn’s guest rooms and baths have all been completely renovated to true luxury level. Guest rooms are furnished with top-of-the-line king or queen beds. Steam showers, spa tubs, double sinks, fireplaces, balconies and private porches are the norm. Most guest rooms feature views of the lake. There is a billiards room, a heated pool, a sauna and 18 miles of maintained trails for year-round guest use. Guests love swimming and paddling in the private, 3-mile long lake.

This New York Adirondack inn for sale has a restaurant that serves contemporary New-American cuisine in three dining rooms and in the inn’s full service pub. The regionally acclaimed restaurant attracts diners from the Lake George and Saratoga Springs areas as well as from the local vacation home community. Adirondack Lake Inn has long been known for its wine cellar and extensive wine collection. The inn’s retail wine shop is open to guests and the public. Prestigious awards include:

Corporate meetings, weddings and other events are a growing part of the business and there is ample room on the picturesque grounds for outdoor events.

The owner’s renovated 2700+ square foot home features four master bedrooms, each with its own bathroom. A classic Adirondack porch overlooks the pristine lake. The inn’s newest lodging unit is a totally renovated luxury guest cabin. The house and cabin are on a separate lot, included in the sale. There is also a bonus rental apartment above the home’s attached two-car garage.

An additional building at the New York Adirondack inn for sale includes a three-bedroom, two-bathroom apartment, a workshop, garage storage for maintenance equipment, and the inn’s Nordic center.

Adirondack Lake Inn is ideal for buyers seeking an established full service inn with a very strong business. The separate owner’s home and surrounding beauty of the Adirondacks are icing on the cake. Net income has doubled in three years. Priced at a CAP rate of 11.4%, this is an extraordinary offering. You really should learn more!

For more information click here and contact Eliot Dalton, 610-717-8083 of The B&B Team / Eliot Dalton.

Davidson NC boutique hotel for sale

June 26th, 2017 by Peter Scherman

In the heart of town across the street from Davidson College is a fantastic Davidson NC boutique hotel for sale. With 18 rooms that have been remodeled and updated, this three story inn offers room configurations that can cater to executives, business travelers, families, and romantic couples, too! Of brick construction built in 1993, the inn has a spacious entry and lobby adjoining the large public room with a bookcase lined wall, large fireplace, and comfortable seating.

Offering a true bed & breakfast experience, this Davidson NC boutique hotel for sale combines the personal attention of a B&B with the professional amenities that business travelers need.

The inn is in a location that cannot get any better for anyone with anything to do at Davidson College. And for the vacationer wanting a centrally located place to stay while touring the area and enjoying the pleasures  of Lake Norman, this is it! Quality restaurants are within walking distance (two are next door), and the other conveniences of a small college town are nearby.

From a business and investment perspective, the hotel is a winner. With an occupancy rate close to 80% and a RevPAR of nearly $115.00, the hotel operates with a margin of well over 40%. The cap rate of almost 12% is attractive for a well staffed Davidson NC boutique hotel for sale. Judicious rate increases can improve overall performance while maintaining a high level of profitability.

The property is kept in superb condition with regular attention to maintenance and upgrades, which have been a regular feature of the business. The HVAC system with Multiaqua chiller/boiler split system provides individualized comfort to all rooms.

There are no owner’s quarters onsite. The owners are on property daily, but the staff capably handles day-to-day operations.

For details about this outstanding Davidson NC boutique hotel for sale, please contact Peter Scherman, 434-286-4600 of The B&B Team, Inc.

 

 

Lehigh Valley Pennsylvania Inn for Sale

March 23rd, 2017 by Janet Wolf

An outstanding 18 guest room Georgian Mansion Inn located in an historic neighborhood in Eastern PA, this Lehigh Valley Pennsylvania Inn for sale is a Select Registry Inn frequented by both business and leisure travelers. Their strong relationship with the local college as well as two hospitals and a nearby industrial park is a large part of the Inn’s guest base. Families frequent the Inn for visits to the Crayola Experience , frequent trips to visit students at the college, and outdoor activities along the Delaware River.

The inn is located in a charming, historic small town with a renovated Performing Arts Center and a world renowned liberal arts college. A vibrant arts community, historic museum, locally owned shops and a diverse choice of restaurants complete the scene.

The 18 guest rooms offer choices of room size and amenities. Families can choose the larger suites and the smaller traditional rooms are perfect for the single business traveler. The variety of room amenities include some private entrances, gas fireplaces, whirlpool and soaking tubs as well as TV’s, DVD players and spa robes. There are a few designated pet friendly rooms.

The Inn’s kitchen is an open concept, where the guests approach the counter, can place their order, and have it delivered to their table. Breakfast fare is a combination of a full buffet and made to order hot entrees. An early 7 am start on weekdays for business guests is offered. The Inn features a sun room dining area with individual tables and a wrap-around porch where guests can enjoy a leisurely breakfast in the warmer months.

The large and elegant living room/parlor features a grand piano and comfortable seating areas for guest gatherings around the fireplace. A back patio and garden area is perfect for small intimate weddings or group gatherings. The Inn offers a variety of setups in the Sunroom and Parlor to accommodate anything from an interview between 2 people to a full day retreat for 20. For guest’s convenience there is also a stocked guest pantry with snacks and beverages.

Unlike many smaller inns, this Lehigh Valley Pennsylvania inn for sale has a detached, three bedroom home with two and one half baths as the owners quarters. On an adjacent but separate parcel of land, the home is just steps away from the inn.

The Inn affords easy access to Philadelphia, just 60 miles south. New York City is only 80 miles east, a very easy drive for weekend getaways. The Lehigh Valley encompasses Allentown, Bethlehem, and Easton as well as many other small towns, Lehigh University, Lafayette College, Muhlenburg College, DeSales University and many others bring parents, performers, speakers and other visitors to the area.

We are very excited to offer this outstanding Lehigh Valley Pennsylvania Inn for sale for $2,850,000, including the residence. For details, please contact Peter Scherman or Rick Wolf. The inn is represented by The B&B Team, Inn Consultants LLC.

Pennsylvania broker of record is Bushnell & Bushnell Services, Inc.


Maine Sports Bar & Lodging Property for Sale

October 15th, 2016 by Janet Wolf

This rustic, understated Maine Sports Bar & Lodging Property for sale overlooks the Androscoggin River Reservoir and is .8 miles from central Rumford and 4.7 miles from the Black Mountain Ski Resort. Open year round to take advantage of  Western Maine Lakes and Mountain Region glorious four seasons.

Food and lodging business includes 48 table seats plus 14 seats at the bar and 12 on the patio. With a prime location right on Canal Street, this downtown hotel and pub has long been a staple for locals. Fully sprinklered with recently renovated, new walk-in, Ansul system and very clean!

Great food and reputation. This Maine Sports Bar and Lodging Property for sale boasts a strong pub business. Open for lunch and dinner. Most noteworthy there is ample room to increase the lodging side.

There are currently 14 hotel rooms (currently 11 with private baths are available for guests to book). The other 3 rooms are currently used for storage and could be used to accommodate owner’s quarters.  The straightforward rooms come standard with en-suite bathrooms, as well as microwaves, fridges, Keurig coffeemakers, cable TV and complimentary WiFi. 

Western Maine Lakes and Mountains Region is a true four-season destination. At about an hour and a half from Portland, this hotel and pub are easy to get to, friendly, and very affordable.  It’s easy to get outdoors in any season in Rumford.  There’s great hiking, paddling the mighty Androscoggin, in the summer guests can golf at Oakdale Country Club and in the winter they are home to Black Mountain of Maine Ski Resort. It’s easy to enjoy your favorite outdoor sport or activity, and chances are you’ll spot some of our abundant wildlife, like Maine’s iconic moose or loon.

About 90 minutes to Portland, an hour to Augusta, 30 minutes to Bethel and Sunday River Ski Resort, Rumford makes a great base to explore all regions, or just stay local. There’s so much to do.

This splendid four season Maine Sports Bar & Lodging Property  for sale is offered by The B&B Team, Inc.   For more information contact Dana Moos (207) 266-5604.

Vermont Village Boutique Inn & Restaurant for Sale

May 28th, 2016 by Janet Wolf

Vermont Culinary Trends

On a quiet corner on Main Street in the Vermont village of Quechee stands a grand historic 3 story brick and stone Mansard slate roofed building. This is home to The Parker House Inn & Bistro, a classic Vermont village boutique Inn & restaurant for sale. This 7 guest room Inn and highly acclaimed restaurant overlooks the banks of the meandering Ottauquechee River, and steps away from one of Vermont’s  iconic covered bridges and gorgeous waterfalls. A beautiful setting for a gem and what a cool place too! Read about Vermont and it’s strong brand in our blog.

The guest rooms are continually refreshed and upgraded, most recently in 2015, as well as the bathrooms. Some with Whirlpools Baths or Spa Showers, Queen and King Beds, Anichini fine linens and Spa Level amenities. The décor features rich colors with eye catching eclectic objects and local art. Urban meets Vermont country. There are four guest rooms on the second floor and three on the third floor.

The bistro style restaurant features fare described as; “New England Farms, Sunny French Flavors”. Rave reviews come from Inn guests as well as local diners. The area has many second home owners that frequent the restaurant. The nearby towns of Woodstock and Dartmouth College, Hanover, New Hampshire attract travelers that also frequent the Parker House Inn’s highly acclaimed and recommended restaurant. There are two dining rooms, one with an original marble fireplace that creates a comfortable and warm dining atmosphere. One dining room seats 30-35, the second seats 25-30. The bar at the rear of the building is surrounded by a canopied deck used for dining in the warmer months. The bar seats 18-20 and the deck seat 40. Here guests can enjoy views of the river and the mountains in the distance, pure Vermont.

Read all about it! Yankee Magazine 2017 Editors’ Choice Awards, Best of Vermont Dining. The Parker House Inn is featured as one of the best. Congratulations.

The restaurant kitchen is fully commercially equipped, plenty of storage space and chef’s office area.

The third floor of the Inn has an owner/manager’s apartment with an open floor plan living room and kitchen. There is one bathroom and two bedrooms. A pleasant space to retreat to and with great views!

The Village of Quechee is conveniently located along VT Route 4, just off where I-89 and I-91 intersect. Nearby destination towns are Woodstock and Hanover, NH, home of Dartmouth College. The Parker House Inn is located next door to Simon Pearce Glassworks, a very popular worldwide tourist attraction. Guests of the Parker House Inn have full privileges to all the amenities at the Quechee Lakes Country Club, a premier club in the area with two 18 hole championship golf courses as well as swimming, tennis and other activities for families and travelers alike. Winter activities include an illuminated ice skating pond, horse drawn sleigh rides and snowshoeing.

Guests come primarily from Boston, New York, New Jersey and Montreal. Vermont is a primary New England state where leaf peepers flock to in the fall months and travelers come from every US state and internationally. All in all the location of the Parker House Inn & Bistro is ideal.

This Vermont Village Boutique Inn & Restaurant for sale offers something special for aspiring innkeepers seeking a New England full service Inn profitable business and lifestyle. Read about Vermont’s culinary trends at the Parker House Inn & Restaurant in our blog.

This offering is available for $1,295,000 and is offered exclusively by the Vermont Broker of Record: Barrett & Valley Associates, Inc.

Consulting Services Provider:  The B&B Team, Inn Consultants LLC.  For more information, contact Rick Wolf , 207-967-1995.

Palm Springs CA Boutique Hotel Sold

March 28th, 2016 by Peter Scherman

The Monkey Tree Hotel, a 16 room boutique hotel has sold. Eliot Dalton, affiliate of The B&B Team™, was consultant to the buyers, Gary & Kathy Friedle. The Friedles purchased this unique mid-century property and restored it to its original design, incorporating all the amenities today’s guests love, including a new Scandinavian-style spa.  The Monkey Tree Hotel is close to the San Jacinto mountains, Joshua Tree National Park and, of course, all the delights of Palm Springs.

The Monkey Tree Hotel was listed for $2,900,000.

For more information click here and contact Eliot Dalton, 610-717-8083 of The B&B Team / Eliot Dalton.

Goldmoor Inn Sold

March 18th, 2015 by Peter Scherman

The Goldmoor Inn is one of the finest Inn facilities in the mid-West. Located high above the Mississippi River just minutes from downtown Galena, IL, the Goldmoor features extraordinary accommodations, a spa, full service dining and exceptional function spaces for both outdoor and indoor events. Five of the 18 accommodations are luxury cottages, separately situated on exquisitely landscaped grounds. An events pavilion with lighting, a sound system and a dance floor accommodates special events for up to 125 guests. The owner’s enjoy 3,000 square feet of private living space. There is much more to know about the Goldmoor Inn – please visit the Inn’s website.

The B&B Team® / Eliot Dalton is pleased to announce that Goldmoor Inn, originally listed at $2,900,000, has been purchased by Birgit and Slobo Radin, Eliot’s buyer clients. Birgit and Slobo Radin worked closely with Eliot as they searched throughout the eastern states for their ideal boutique hotel. Congratulations to the new owners!

For more information contact: Eliot Dalton

The B&B Team®/ Eliot Dalton

Arkansas Lakefront Boutique Inn For Sale

November 3rd, 2014 by Peter Scherman

Discover a boutique luxury Inn with a resort lifestyle atmosphere nestled in the mountains with stunning lakeside views! The craftsman style Arkansas lakefront boutique inn for sale features 13 exquisite guest rooms and suites with a very solid business and cash flow. Guests come to enjoy the serene lakeside setting and moderate temperatures, immaculate landscaped gardens and water features that mirror the beauty and serenity of the lakeside backdrop. A strong Hot Springs destination location and a robust business with a bright future await new owners!

Recently chosen as one of the ‘Top 25 Small Hotels in the US’ by Trip Advisor!

The Arts and Crafts boutique inn was built in 2003 with the guest luxury lifestyle experience in mind with every step of its creation. All twelve guest rooms and suites in the main building have lake views. Many luxury features include patios or balconies, fireplaces, whirlpool tubs, flat screen TV’s, luxury linens and bath amenities. The décor features a mix of traditional and contemporary furnishings with colorful accents and artwork. Rich wood floors are accented by touches of the craftsman era and are continued throughout this Arkansas Lakefront Boutique Inn for sale.

A spacious thirteenth unit is only a short walk from the main building in a condominium facility that is rented on more of a multi-night stay basis. With two bedrooms, open concept living room – dining room – kitchen and a huge porch overlooking the lake, this condo is a popular accommodation.

Guests enter the inn through the double doors and are welcomed in a two story foyer with a wide impressive stairway. The living room features plush couches and fine art with a library of books and games. A well-stocked gift shop, lounge, and sunny dining room complete the guest’s comfortable gathering areas with a resort feel.

The landscaped grounds are a signature highlight of this Arkansas lakefront boutique inn for sale including stonework, water features, winding paths spotted with birdhouses, a meditation labyrinth and waterfront trail. Guests may wander for hours or pause and relax in a hammock, rocker or canoe. The Arkansas Lakefront Boutique Inn also offers one boat dock with two slips for guests’ use.

The inn is an unforgettable and popular destination for meetings, weddings and other special events. The moderate year round temperatures are perfect for destination weddings. Average highs are in the 70’s and lows in the 50’s, with an average of 251 sunny days per year. This Arkansas Hot Springs mountain and lakeside setting has been an escape getaway for tourism for a century and a half.

Hot Springs is known as “America’s First Resort.” The majority of the guests visit from Dallas/Ft Worth, Arkansas, Louisiana, Oklahoma and Tennessee. The town is very business friendly filled with terrific restaurants, fine art galleries and performing arts festivals. The numerous hot spring baths and spas are an historic draw and have maintained their desirability for centuries. The Oaklawn Race Track hosts the famous Arkansas Derby, which is a seasonal event known nationally and beyond.

On the operational side of the business, the Inn’s commercial grade kitchen is spacious, fully functional, and well maintained and equipped. The front office space is conveniently located where guests arrive and depart. For future innkeepers there is a two bedroom, two bath condo located a mere half mile from the inn, close enough for convenience, far enough away for privacy.

The business at this inn is enviable. Occupancy approaches the mid-70% level utilizing a sophisticated revenue management system developed exclusively for them. Tightly managing occupancy has allowed them to push room rates to levels they have never seen, raising their ADR to over $275. Expenses are being tightly managed, as well, improving the bottom line.

With excellent staff in place, new owners can enjoy a great lifestyle and business while reaping a handsome return on their investment over time. An investor purchaser will also find this an attractive acquisition.

The premier destination of Hot Springs and the strong year-round business of the Inn is an excellent combination and highly desirable for new innkeeper/owners. The moderate climate with mild winters and warm summers is the ideal location for future owners. The property has been built and maintained with love and true pride of ownership. It is now ready for the next chapter.

Lookout Point Lakeside Inn has been SOLD! Peter Scherman, 434-286-4600 and Rick Wolf, 207-967-1995 of The B&B Team, Inn Consultants LLC represented the sellers. Scott and Marilyn Bushnell of The B&B Team / Bushnell & Bushnell represented the buyers.

Arkansas broker of record was Crye-Leike of Arkansas, Inc. Photography by Jumping Rocks.

Missouri Inn and Wedding Event Center

January 7th, 2014 by Rick Wolf

Every once in a while a truly exceptional Inn becomes available for purchase. This Missouri Bed and Breakfast for sale, Spa, and Wedding Chapel is one such property. It is located in Missouri wine country and close to the Katy Trail.

Divided between two properties overlooking the Missouri River and just over an hour west of St. Louis, this Missouri Bed and Breakfast for sale has a total of 20 rooms (8 at the Vineyard Inn and Spa and 12 at the Riverbluff Cottage Suites). What can we say except “exceptional?”

Known throughout the Midwest for hosting weddings of up to 220 in their own chapel and receptions up to 298, the Inn offers the full spectrum of bridal services including a variety of additional settings for ceremonies including the gazebo and the personal chapel.  With events this size, the Inn regularly fills the town’s other B&Bs. But they also fill their own rooms. And what rooms they are! Check out this video.

The Riverbluff Cottage Suites all have their own kitchen, but even more, they offer their guests king size beds, a 6 foot round whirlpool tub, large steam and multi-jet shower, a see-through fireplace and an aroma therapy fireplace, outdoor natural gas Weber barbeque grill, and private outdoor hot tub. In short, pure and complete luxury!

The Vineyard Inn and Spa sits high on a hill overlooking the town, the Missouri River, and with the Riverbluff Cottages in the distance. Each of the 8 rooms here has a private bath with whirlpool tub, steam shower, and king bed. All rooms have steam showers and four rooms have an outdoor hot tub. Two rooms even have infrared saunas and two have outdoor fire tables. And that’s just the guest rooms! The Vineyard Inn also has a luxurious, modern spa facility for pampering the guests and generating additional revenue.

The Inn has extraordinary expansion potential, especially at the 15 acre Riverbluff Cottages location. There are plans and sites for additional cottages, lodge/conference center and boutique hotel or 80 room box hotel.   Best of all, the necessary infrastructure is already in the ground.

Let’s talk about the weddings a bit more…. In addition to the various settings for ceremonies, the Inn has a climate controlled pavilion for receptions and dinners, and with its commercial kitchen and full bar can accommodate receptions for up to 298 people with room for DJ, band, and dancing. The Chapel was built with wedding photography in mind and overlooks the river, has a media room, full bridal room with makeup stations, groomsmen’s room with flat screen TV, floral refrigeration, and more. In short, no detail has been overlooked for the owners to deliver first class weddings or family reunions and group gatherings.

For the sophisticated, well healed, and entrepreneurial investor or hotelier, this Missouri Bed and Breakfast for sale with Spa and Wedding Chapel  is incomparable.  This is a truly one of a kind property has hotel development potential and is offered exclusively by The B&B Team, Inn Consultants LLC for $6,850,000.

For details, contact Rick Wolf, 207-967-1995 or Peter Scherman, 434-286-4600.

Missouri broker of record: Hartman Real Estate / David Hartman.

Images courtesy of Jumping Rocks Photography.

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