Silver Fern Bed & Breakfast

PRICE REDUCTION ! Looking for a lifestyle change away from the corporate world? Want to be your own entrepreneur? Turnkey Bed & Breakfast in the Cuyahoga Valley National Park. Previously listed at $599,000. Motivated Sellers. An historic inn that was completely rebuilt in 1990 and consists of four bedrooms and 4 baths. Located just 10 minutes off of HWY State RTE 8 and close to the intersection of I271, this property is within the Cuyahoga Valley National Park and is the only bed and breakfast in the quaint village of Peninsula. With easy access to the park, Towpath Trail and the Scenic Railroad, it is the perfect vacation spot. It also draws traffic from those traveling from Chicago to the East Coast as this is the half-way point.
Business Information
This 4-bedroom turnkey bnb has been totally renovated. Ideal business nestled within the 11th most visited National Park and only 10 minutes from the Ohio turnpike (Interstate 80) and Interstate 271 for all those all-season travelers looking for accommodation midway between Chicago and the East Coast. Despite only 2 years in operation, this inn routinely enjoys 90% occupancy throughout the spring, summer and fall seasons making it ready made for those seeking a lifestyle or retirement alternative option. Genuine owners are flexible to consider reasonable offers and financing options. Without ignoring the historic ambience of the inn, completely remodeled in 2015: Items included: New furnace, air-conditioning, and duct work. New electrical wiring and installation of an emergency generator. New plumbing. Replaced insulation in attic and outside walls. Sound barrier insulation in hallway walls outside bedrooms and where bathrooms abut bedroom walls. Bike Barn that holds up to 8 bicycles for those using the Towpath Trail through the Cuyahoga Valley National Park. Outdoor stage for performances, weddings, reception, etc. Outdoor tent, table and chairs for hosting up to 58 guests for social events.

Price: $549,000
Rooms: 4
Baths: 4
Square Feet: 2,076
Restaurant: No
Year Built: 1874
Occupancy: 62.38%
Gross Earnings: $128,325
ADR: $152.00
Contact Information
Location:  Pennisula, OH
Phone: (330)417-7194
Reason for selling
Retiring and planning to relocate.