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Avery Guest House 606 S Prospect St

4 Room Bed and Breakfast Galena, IL 61036 $529,900 ($132,475/Room)

Investment Highlights

  • High visibility location close to Main Street, Galena
  • Outdoor deck and Gazebo with Galena City Views
  • Nicely appointed guest rooms with private bathrooms

Executive Summary

Don't miss your opportunity to own the Avery Guest House, a stately two story featuring 6 bedrooms and 6.5 baths that is currently operated as a bed and breakfast but also available as a partially furnished single family residence, offering a combination of the character and elegance of yesteryear with modern updates and convenience of today all in an unbeatable location just a couple blocks from Historic Main Street, Galena with excellent visibility from U.S. 20. Revel in the spaciousness and charm of well-kept property, featuring six generously sized bedrooms, each with its own nicely appointed private bath, high ceilings and gorgeous woodwork, two staircases including dramatic main stair and secondary rear stair, a separate office/den, ample laundry facilities, large kitchen with butler's pantry and charming built-ins, heated two car garage space for vehicles or storage, and an expansive rear covered porch and gazebo overlooking serene gardens and offering gorgeous Galena city views. Currently, two of the bedrooms serve as living quarters for the innkeepers, complete with a separate entrance, two bedrooms, two and a half bathrooms, a generously sized kitchen, living area that could be converted back to original formal dining room, and access to laundry facilities. Property carries a Small Inn license, and much of the furniture and personal property are included as part of business to allow an easy transition. Also available as a partially furnished single family residence and would make a great home with plenty of room, tons of history, and an abundance of comfort. Truly an incredible property with lots of potential and flexibility in a location positioned in the heart of Galena!

Property Facts

Price $529,900
Price Per Room $132,475
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 0.12 AC
Building Size 3,472 SF
No. Rooms 4
No. Stories 2
Year Built 1848
Parking Ratio 0.58/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Bed & Breakfast
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 4 $187.00 -

zoning

Zoning Code Neighborhood Commercial (Neighborhood Commercial)
Neighborhood Commercial (Neighborhood Commercial)
  • Listing ID: 31930691

  • Date on Market: 5/26/2024

  • Last Updated:

  • Address: 606 S Prospect St, Galena, IL 61036

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