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Naomi's Inn Bed & Breakfast 18 Springfield St

8 Room Bed and Breakfast Springfield, MA 01107 $1,699,547 CAD ($212,443 CAD/Room)

Executive Summary

Once in a life time opportunity to own a successfully operating B and B with a Hoteliers License seconds to I 91 and next to Baystate Medical Center. With a 20 year record of positive cash flow and great reviews this is a business and real estate opportunity you cannot pass on. Two buildings, a three story 8 unit building with 9 baths, with an industrial kitchen and common space. Every unit has its own private luxurious bath and most sleep more than two. The finishes in the property are modern and beautiful. The second building is a 2 bedroom, 2 Bath ranch that could be used as a private residence or used to increase revenue for the B and B. You pick. All mechanicals are updated and the property has tons of tech extras that will save you money and create a contactless operation if desired. Solar drives your electric bills down.

Property Facts Under Contract

Price $1,699,547 CAD
Price Per Room $212,443 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class B
Lot Size 0.60 AC
Building Size 4,566 SF
No. Rooms 8
No. Stories 3
Year Built/Renovated 1959/2023
Tenancy Single
Parking Ratio 5.04/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 8 $208.37 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-011050-000000-000009
Land Assessment
$126,534 CAD
Improvements Assessment
$673,726 CAD
Total Assessment
$800,260 CAD

zoning

Zoning Code Limited Business (R2)
Limited Business (R2)
  • Listing ID: 29449200

  • Date on Market: 2023-09-06

  • Last Updated:

  • Address: 18 Springfield St, Springfield, MA 01107

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