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PRICE $795,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 4.36 ac

Welcome to the Falling Spring Bed and Breakfast Lodging House, a unique property that offers the perspective owner a great opportunity for substantial, additional income! Seller financing will be considered for qualified buyers. Well known in the area, Falling Spring once hosted former Presidents Jimmy Carter and Bill Clinton, who visited the area to fly fish on the spring bearing the same name. Lovingly maintained and renovated by its current owner since he acquired it in 2017, the main building boasts numerous improvements including new luxury vinyl plank flooring throughout, electrical wiring updated to meet L&I Code, all new plumbing, new light fixtures, updated bathrooms, two new A/C systems, and two new heat pumps. An on-site manager, who is responsible for cleaning and serving a continental breakfast daily, is willing to stay on with the new owner. The building also has 11 rentable rooms (one currently occupied by the manager), a pair of coin-operated laundry machines, and offers the potential for over $100,000 in net annual income assuming full occupancy. Want more space? There is a Cape Cod style storage building on the property, that could easily be finished, as well as a large garage building featuring an office area, a half bath, three new doors, and a new breaker box. Big enough to accomodate several large vehicles or a car collection, this garage could easily be leased out to provide even more rental income. Thinking of hosting events? The large parking lot, which runs parallel to Park Terrace Drive, provides more than 40 spaces to acoomodate your guests! Also, the blacktopped area to the right of the rear courtyard provides an ideal space for a tent to host outdoor events in the spring and summer months. Don't miss out on this great business opportunity! Bring offers to this motivated seller!

DAYS ON MARKET 70 LAST UPDATED 9/17/2024
TRACT CHAMBERSBURG YEAR BUILT 1985
COMMUNITY Guilford Twp (14510) COUNTY FRANKLIN
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA Guilford Twp (14510)
CONSTRUCTION Wood Siding
HEAT Forced Air, Natural Gas
LOT 4.36 acre(s)
LOT DESCRIPTION Irregular Lot
SEWER Public Sewer
STORIES 2
SUBDIVISION CHAMBERSBURG
TAXES 10834
VIEW Yes
VIEW DESCRIPTION Water, Creek/Stream, Trees/Woods
WATER Public
ZONING Residential - (R-1) - Low Density Residential Zoning District
MORTGAGE CALCULATOR
   

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