The Pink House | 1311 US Route 50
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The Pink House 1311 US Route 50
4 Room Bed and Breakfast Milford, OH 45150 $875,000 ($218,750/Room)
INVESTMENT HIGHLIGHTS
- Less than 4 Miles to 275, Shopping, Nature Preserve, and Little Miami River
- Industrial B1 + B2 Commercial Zoning
- Impeccably Maintained and Completely Turn Key
EXECUTIVE SUMMARY
Zoned Industrial, Commercial B1 and B2 Approved (currently tax exempt and approved for use as a rehabilitation facility). Flexible zoning makes this an ideal property for any business or industrial use. Would make an excellent bed and breakfast, recovery home, wedding venue, chapel, co-op/shared workspace, retreat center, attorney office, dentistry office, small winery, equestrian property..If you've got the vision, it can likely be done. Public utilities. Currently non-conforming use with approval as rehabilitation facility. A re-zoning application may be submitted to revert property back to residential use, which seller is willing to allow a contingency for.
The primary building features 3038 square feet, secondary building with garage offers additional sq. ftg on 3.26 acres of flat land. The residence showcases classic Georgian Revival architecture, with its precise symmetry, high ceilings, and optimally sized rooms. This property offers high visibility while maintaining a sense of privacy and seclusion. Less than 5 Miles to I-275, downtown Milford, Little Miami River, + Cincinnati Nature Preserve. No book of business or NOI available- property has operated as a non-profit for atleast a decade. Contact listing agent for any questions.
The walls of the elegant Pink House of Milford tell a story not often heard. Tucked down a private gravel driveway, nestled among mature trees and privacy fencing, you will discover a historic treasure which has been preserved for nearly two centuries with great enthusiasm. Built to last, former estate of rags-to-riches local farmer, Mr.& Mrs. Daniel Turner, this Georgian Revival Home soon thereafter became a welcoming haven for those who desired a place of safety. Those escaping slavery via underground railroad during the civil war found refuge within these very walls, leaving their marks on the interior stone foundation, which was a way to count the days of sanctuary. The legacy of liberation continued through the eras to come, with the facility most recently used as a non-profit women's recovery home. This impeccable beauty awaits its next good steward, who will inherit the rich benefits enjoyed by all previous owners.
The primary building features 3038 square feet, secondary building with garage offers additional sq. ftg on 3.26 acres of flat land. The residence showcases classic Georgian Revival architecture, with its precise symmetry, high ceilings, and optimally sized rooms. This property offers high visibility while maintaining a sense of privacy and seclusion. Less than 5 Miles to I-275, downtown Milford, Little Miami River, + Cincinnati Nature Preserve. No book of business or NOI available- property has operated as a non-profit for atleast a decade. Contact listing agent for any questions.
The walls of the elegant Pink House of Milford tell a story not often heard. Tucked down a private gravel driveway, nestled among mature trees and privacy fencing, you will discover a historic treasure which has been preserved for nearly two centuries with great enthusiasm. Built to last, former estate of rags-to-riches local farmer, Mr.& Mrs. Daniel Turner, this Georgian Revival Home soon thereafter became a welcoming haven for those who desired a place of safety. Those escaping slavery via underground railroad during the civil war found refuge within these very walls, leaving their marks on the interior stone foundation, which was a way to count the days of sanctuary. The legacy of liberation continued through the eras to come, with the facility most recently used as a non-profit women's recovery home. This impeccable beauty awaits its next good steward, who will inherit the rich benefits enjoyed by all previous owners.
PROPERTY FACTS
AMENITIES
- Balcony
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 4 | $105.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $61,360 | |
| Land Assessment | $45,120 | Total Assessment | $106,480 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$45,120
Improvements Assessment
$61,360
Total Assessment
$106,480
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The Pink House | 1311 US Route 50
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