Property Use Type: Vacant/Owner-User
Primary Type: Hotel & Motel
Full Service
No. Rooms: 5
Building Size: 3,691 SF
Lot Size: 4,996 SF
Price: $1,500,000
Price/Room: $300,000.00
Year Built: 1906

Property Description:
Unique opportunity for the investor seeking a career and lifestyle in one. This business is a well cared for, 5 room Historic Victorian Bed and Breakfast located in an upwardly mobile redevelopment district. Situated in Downtown Long Beach California, in the Willmore City Historic District this distinguished and elegant Bed and Breakfast has historic status and has been lovingly restored. Long Beach has 17 historic districts.

Separate owners quarters are detached from the main residence offering privacy and a sense of home while still being a stones throw away from your business. This elegant historic bed and breakfast will easily become your new Long Beach Home.

You will benefit from the consistent income with moderate risk and tax strategies which implement easily. This business currently has many of the elements that an entrepreneur looks for in starting a new venture: Little inventory, a strong book of repeat and referral business that should continue, and perhaps most importantly the inclusion of the underlying real property in a great location.

Location Description:
The Bed & Breakfast is conveniently located within a short walk of the restaurants and entertainment of Pine Avenue, Shoreline Village, The Pike Entertainment Center and the Long Beach Convention Center. Guests can walk to the beach, and bicycle paths, the Inn is convenient to area freeways and the Metro Blue Line to Downtown Los Angeles business district. Long Beach is a cultural hub, home to the Long Beach Symphony, the Long Beach Opera, the Long Beach Jazz Festival, the Long Beach Grand Prix and more... There is no end to the exciting events in the Long Beach area.