Award winning, waterfront property in historic downtown Melbourne,located on a direct tributary to the Indian River (Intracoastal Waterway) and the Atlantic Ocean. Steps from antique shops, boutiques and some of the finest restaurants. The beach is just 2 miles away over the Melbourne Causeway. Separate private Innkeepers quarters with 2 baths. The property needs TLC and the List price for the property has just been reduced to only $550,000 for an as-is quick sale. In addition the "business" price i.e., furniture, appliances, web site, reservation infrastructure, customer lists etc. negotiable on a case by case basis. The Inn has definite potential with enhanced marketing to return back to 59% occupancy with repeat business, corporate midweek business and it's waterfront location. This could be a turnkey sale with funishings* and fixtures. Successful website and customer lists. This is an exceptional buy with potential return on investment with weaterfront property value and downtown Melbourne location. * some personal furnishings are not included in the sale. Cash. Conventional.
Details
- Built in 1925
- 6 years as B&B
- Last renovation in 1999
- For Sale By Owner
|
- 5 Guest Rooms
- 5 Guest Bathrooms
- Has owner's quarters
|
- $550,000
- For Sale By Owner
- $153.00 avg daily rate
|
Location
907 E. Melbourne Avenue Melbourne, FL 32901
Photos (click to enlarge)
|