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Abilene's Victorian Inn Bed & Breakfast 820 NW 3rd St

6 Room Bed and Breakfast Abilene, KS 67410 $699,000 ($116,500/Room) 6.86% Cap Rate

Hospitality Properties Kansas Abilene 820 NW 3rd St, Abilene, KS 67410

Investment Highlights

  • This historic property offers a beautiful setting for a bed and breakfast, or boutique hotel.
  • The property is located in front of Eisenhower Park and is less than a mile from the Eisenhower Library.
  • The property features beautiful surroundings and is conveniently located near museums and historic sites.

Executive Summary

This property is a prime investment opportunity. This historic bed and breakfast is a turn-key business opportunity. This historic property was built in 1887 boasts of over 6000 square ft, 7 full bathrooms, one half bath, 8 guest rooms, 3 innkeeper bedrooms, commercial kitchen food service offers lots of potential. Large basement with unlimited storage space in three rooms. 2nd basement finished and living space available. This turn key business opportunity is perfect for investment and owner user. This opportunity is being offered for $799,000.00. Prefer cash buyer but partial seller finance would be considered. 1031 Exchange possible.

Attachments

Property Brochure

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $699,000 Lot Size 0.31 AC
Price Per Room $116,500 Building Size 6,142 SF
Sale Type Investment No. Rooms 6
Cap Rate 6.86% No. Stories 3
Sale Conditions
1031 Exchange
  • Business Value Included
 Year Built/Renovated 1887/1992
Property Type Hospitality Parking Ratio 1.79/1,000 SF
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
 Corridor Interior
Building Class C
Price $699,000
Price Per Room $116,500
Sale Type Investment
Cap Rate 6.86%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class C
Lot Size 0.31 AC
Building Size 6,142 SF
No. Rooms 6
No. Stories 3
Year Built/Renovated 1887/1992
Parking Ratio 1.79/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Tennis
  • Public Access Wifi

About 820 NW 3rd St , Abilene, KS 67410

Original owner was Dr Edward Hazlett father of Swede Hazlett (best friend of Dwight D Eisenhower) 9/10 of a mile to The Eisenhower Presidential Library and Museum. Built in 1887 Victorian Style architecture with a Colonial Revival front porch. Registered on the City of Abilene and State of Kansas for historic preservation. Over 6000 square ft mansion, three floors, original fireplace, licensed commercial kitchen. Lots of potential. Great investment property.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $169.00 -
Guest Room 3 $117.00 -

Links

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zoning

Zoning Code R-2,3 (Residential with special use permit)
R-2,3 (Residential with special use permit)
(785) 280-1359

Contact

  • Adrian Potter
    Adrian Potter
  • Abilene's Victorian Inn B&B

  • Listing ID: 17940354

  • Date on Market: 12/11/2019

  • Last Updated:

  • Address: 820 NW 3rd St, Abilene, KS 67410

More public record information on 820 NW 3rd St, Abilene, KS 67410

The Hospitality Property at 820 NW 3rd St, Abilene, KS 67410 is currently available for sale. Contact Abilene's Victorian Inn B&B for more information.

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820 NW 3rd St, Abilene, KS for sale Building Photo- Image 1 of 13
Abilene's Victorian Inn B&B, Abilene Kansas.
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 2 of 13
Comercial kitchen sink
820 NW 3rd St, Abilene, KS for sale Building Photo- Image 3 of 13
Winter
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 4 of 13
original wood floors
820 NW 3rd St, Abilene, KS for sale Other- Image 5 of 13
Exterior 2nd floor balcony
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 6 of 13
Front Parlour
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 7 of 13
Dining Room
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 8 of 13
Parlour
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 9 of 13
Bride getting ready
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 10 of 13
Gift Shop
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 11 of 13
The Hurd Room bathroom
820 NW 3rd St, Abilene, KS for sale Interior Photo- Image 12 of 13
The Hurd Room

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Abilene's Victorian Inn Bed & Breakfast | 820 NW 3rd St
(785) 280-1359 x

Abilene's Victorian Inn Bed & Breakfast | 820 NW 3rd St

Adrian Potter

(785) 280-1359

(785) 280-1359

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