The Tern Inn is located in Harwich on Cape Cod, a destination resort with world class beaches, golf, fishing, island ferries, whale watching, restaurants, antiquing, theatre, shops, galleries and many local attractions.
The Tern is a AAA three diamond property, rated very highly by TripAdvisor.com and located on a lovely quiet side street, a lovely walk to Nantucket Sound sandy beaches. Its unique combination of ten bed and breakfast guest rooms and six private cottage accommodations with full kitchens, spans the market for in season and off season guests. Indoor and outdoor function spaces make this a perfect wedding, reunion or business meeting location as well as the ideal getaway.
This well maintained hospitality property is located on 1.7 acres of land and includes a large antique main house, a gracious carriage house, five cottages (one is a duplex) and an in ground pool.
The main Inn building has a gracious fireplaced dining room that comfortably seats 25-30, and a large kitchen and pantry. The spacious owners quarters, located in the main inn as well, has up to two bedrooms and two and a half baths as well as a family room, living room and private office. A sizeable laundry and utility room is located at the rear of the building.
The cottages, currently rented weekly throughout the season, are well sited around the property. Each has between one and three bedrooms and complete kitchens and baths.
Current innkeeper/owners have renovated much of the property and grown the business since they purchased it in 2001. This property has good financials and an excellent reputation with guests. New owners have the opportunity to grow this business further by marketing this great location to reach its potential.
Details
- Built in 1860
- 30 years as B&B
- Last renovation in 2012
- MLS #21210357
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- 16 Guest Rooms
- 16 Guest Bathrooms
- 5788 sq ft
- Lot size: 1.70 acres
- 20 Parking Spots
- Has owner's quarters
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- $1,500,000
- 43% annual. occ. rate
- $141.00 avg daily rate
- $200,800 gross revenue
- $200,800 room revenue
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Listing Agent
Carol Edmondson, Cape Cod Village Realty
P.O. Box 2408
Brewster, MA 02631
Phone: 508-237-1617
FAX: 866-860-5423
email: carol@ccvre.com
Tern Inn
Working with Inn buyers and sellers to insure a successful business acquisition and sale.
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Location
91 Chase Street Harwich, Cape Cod, MA
Photos (click to enlarge)
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