Inn at Penn Cove $707,000

Incredible opportunity to own and operate this 4 unit boutique hotel in historic Coupeville on Whidbey Island, WA. Fine dining restaurant included on main level with commercial kitchen currently under lease. Two second level furnished guest rooms, one patio deck room and furnished 1 bdrm, 800SF cottage with kitchen and bath, 4 guest rooms total. Excellent income from restaurant lease enhances the hotel operation. Lovely outside terrace available for restaurant guests. New roof installed in 2009 on both buildings.
Please check out The Blue Goose listing only one block from The Inn at Penn Cove to add both Inns together for a total of 11 rooms plus restaurant

Details

  • Built in 1889
  • 16 years as B&B
  • 4 Guest Rooms
  • 4 Guest Bathrooms
  • Has a restaraunt
  • $707,000
  • 28% annual. occ. rate
  • $119.00 avg daily rate

Listing Agent

David Elling, Coldwell Banker Island Living
7162 Aqua Lane
Anacortes, WA 98221
Phone: 360-770-6310
 email: david.elling@coldwellbanker.com

Location

602 N Main Street Coupeville, WA 98239

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