Innovative Real Estate Solutions
Servicing your real estate investment needs from Lake Michigan to the Mississippi River and through Iowa's Fields of Dreams
Galena Bed and Breakfast for Sale
ctThis historic 1800’s Inn is meticulously maintained and has over 6500 square feet of Inn space. Each guest room has a private bath, blu- ray disk player, flat screen and there are many working fireplaces throughout. The property is central to everything in town and it has a long history of being a focal point in the community. The asking price of this ‘Turn-Key’ operation includes real estate, furnishings and equipment. Owners will train, are retiring and will happily "Inn-Sit".
The property has an outstanding reputation, a high occupancy rate, is Award-Winning, and is ranked among the top Inns in Northwest Illinois. The operation has numerous repeat guests and an ADR of over $200. Room Revenue has increased each year since 2001 and has occupancy rates over 56%. The property has a large main guest house, separate cottage and adjacent building with 2BD apartment on 2nd floor and numerous possibilities for main floor space. Innkeepers quarters located within main guest house. Location has parking on property and additional free overnight parking close by. The opportunities are limitless!! Willing to separate buildings.
Change your lifestyle and make an investment in your future. A profitable Bed & Breakfast with low operating expenses in Historic Galena, Illinois can be yours. Galena sits along the Mississippi River, is a two and a half hour drive from Chicago and is the premier bed and breakfast community in the Midwest. Galena ranks 2nd among leisure travel destinations in Illinois – behind only Chicago and Jo Daviess County welcomes 1.2 million visitors each year. There are 14 million residents within a 500 mile radius of Galena.
Available at an attractive Gross Revenue Multiplier (GRM) and offered at $1,500,000
When you’re ready to buy or sell your Galena bed and breakfast, Bellevue Iowa Inn for sale overlooking the Mississippi River, Galena small lodging property, or Galena Restaurant for Sale. Sarah Dickinson brings years of experience to your investment properties for sale in Dubuque, Galena, or Eastern Iowa. Sarah Dickinson will help you find the appropriate Galena Bed & Breakfast or inn for sale. She will also assist you in locating Dubuque investment properties for sale, a Bellevue Iowa bed and breakfast for sale – close to Galena, IL where you can also explore her Galena restaurant for sale. Sarah Dickinson is the right choices to assist you whether you choose to buy or sell a Galena B&B, Iowa inn, Dubuque investment property or small lodging property in Illinois or Iowa.