Clarion B&B

Clarion, Pennsylvania
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Property Type
Bed & Breakfast / Inn
Guest Rooms
5
Baths
5
Restaurant
No
Owners Quarters
Yes
Asking Price
$449,900

Occupancy Rate
50%
Average Daily Rate
$109
Gross Revenue
$40,000
Gross Revenue Multiplier
11

Property Overview

Quality appointment throughout including beautiful woodwork and custom kitchen. Every guest room has a full bath. The 3rd floor has been finished into an apartment. Newer roof, fully usable basement, 9 fireplaces and extensive pocket doors. This property also features hardwood floors, stunning staircase, stained glass, and leaded and beveled glass.


Property Description

Situated on one of Clarion's finest streets on a 1-acre site and located just two miles from Interstate 80, two blocks from Main Street, and one block from Clarion University. The property also has a detached garage with 2 bedroom apartment and room for 2 cars plus storage.


Business Description

5 separate suites in addition to an owners' quarters and a 2 bedroom apartment in the garage. Many of the furnishings are included with price.


Reason for Selling

The sellers are approaching retirement and want to travel.


Terms & Asking Price

Bank financing or cash.