For Sale
$897,500

8223 Ny-5Westfield, NY 14787

Historic Inn with Stunning Lake Views

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a beautifully appointed, historic bed and breakfast nestled on the shores of Lake Erie near Barcelona Harbor, New York. Built in 1830, this charming property boasts 3,120 square feet across two buildings and two stories, featuring five luxuriously appointed suites, each designed for comfort and relaxation. The property enjoys a prime location with beach access and proximity to local attractions, contributing to its strong rental history and consistently high 5-star reviews. The high occupancy rates and excellent guest feedback demonstrate a successful and profitable business model. Included in the sale are all furnishings, enhancing the turnkey nature of this opportunity. Furthermore, a newly constructed private apartment above a two-car garage provides comfortable owner's quarters with full amenities. The property sits on a commercially zoned lot and includes five parking spaces. This is an ideal opportunity for investors seeking a high-return hospitality business or those looking for a tranquil, successful B&B operation. The asking price is $897,500, with a price per square foot of $287.66. The property's APN is 067289-192-007-0001-027-000.

Highlights

  • Lake Erie waterfront location near Barcelona Harbor, NY.
  • Proven high-occupancy, 5-star rated rental history, ideal for investors.
  • Five luxuriously appointed suites with modern amenities.
  • Includes beach access and proximity to local attractions; suitable as a wedding venue.
  • Owner's private apartment above a two-car garage is included.

Property Details for 8223 Ny-5

Property type
Hospitality properties, Hotels
Square Feet
3,120 SF
Year Built
1830
Buildings
2
Stories
2

Location Insight

City
Westfield
County
Chautauqua
State
New York
Latitude
42.3407754
Longitude
-79.5942179
8223 Ny-5, Westfield, New York

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8223 Ny-5
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