12
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$945,000
Est. payment /mo
9,000 SqFt
Active
506 S Oakland Street Saint Johns, MI 48879-2226
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $105
Subdivision Mi
MLS Listing ID 70478350
Year Built 1865
Annual Tax Amount $13,365
Tax Year 2024
Lot Size 1.030 Acres
Acres 1.03
Lot Dimensions 214x210
Property Sub-Type Business
Property Description
Rare opportunity to acquire a thriving bed and breakfast business in a fully restored 9,000 sq. ft. historic mansion in mid-Michigan. Since launching in 2018, the inn has built a strong brand centered on upscale lodging, curated experiences, and personalized guest service. Seven uniquely themed suites with private bathrooms and luxury amenities, along with inviting common areas, a gourmet breakfast service, and multiple revenue streams--including events, retreats, and package enhancements. The business has shown impressive growth, tripling revenue since 2020 and projecting over $300,000 in revenue by 2026. A full-time innkeeper is in place, making it ideal for a semi-absentee owner or someone looking to scale operations. Recent major upgrades including HVAC and hot water systems.
Location
State MI
County Clinton
Area Saint Johns (19025)
Interior
Heating Forced Air
Building
Structure Type Block
Others
Energy Description Natural Gas
Financing Conventional,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by eXp Realty, LLC