Manchester Inn Bed and Breakfast is a 4 Year award-winning Inn that remains open all year. The inn has a very strong Internet presence and has an excellent local reputation. Built in the 1870's as two separate Inns, the Manchester boasts Victorian decor and 35 uniquely decorated rooms, several with private porches and most with private baths. The Inn is just one block from the ocean and 2 blocks from the Great Auditorium, which features concerts and Sunday services. Cooling ocean breezes can be enjoyed from our 60 foot rocking chair porch while overlooking Ocean Pathway, Ocean Grove's finest avenue. Guests will feel welcome as they enter the pillared front gallery to the Victorian charm of the roomy lobby and fabulous 100 seat full-service catering facility. The Secret Garden Restaurant can be reserved for private events, including weddings, rehearsal dinners, baby and bridal showers, birthdays and family reunions. We host group retreats for both churches and businesses and provide a relaxed atmosphere for corporate training and seminars. Our catering business is strong September through May. 10 Kilowatt solar system helps offset electric costs. We have owned the inn for 10 years and have built a solid year round business with room to expand. Partial condo conversion possible. Just completed a bathroom and kitchen renovation. Financial's available to qualified buyers and 3 months training available for new owners. Sold fully furnished and operational year round. The current owner would be willing to stay on as manager if needed. Recent appraisal in Nov 2007 was for $2,600,000.
Details
- Built in 1885
- 99 years as B&B
- Last renovation in 2007
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- 35 Guest Rooms
- 25 Guest Bathrooms
- 15000 sq ft
- Lot size: 0.20 acres
- Has owner's quarters
- Has a restaraunt
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- $2,500,000
- $135.00 avg daily rate
- $450,000 gross revenue
- $12,000 room revenue
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Listing Agent
Clark Cate
25 Ocean Pathway Ocean Grove, NJ 07756
Phone: 1.732.897-8855
email: thenjinn@aol.com
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Location
25 Ocean Pathway Ocean Grove, NJ 07756
Photos (click to enlarge)
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