Making an offer this week.

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Well, the prior 15 acre place fell through, due to way too many problems for a 20 year old building (bad mold, water running through basement, electrical panel issues, decks needed replacing, bad roof sheeting, etc.).  They were unwilling to do much, so deal is dead.

Anyway, we are making an offer on another place this week.  3300 SF house approx. 10 years old, 1.5 acres, good parking in back, luxury 3BR/2BA apt upstairs, was a nice sales office below, all ADA. As we said we intend to do some things beyond just B&B (classes, tiny salon, some spa activities, it is set up kind of nicely for that. Somewhat basic on the outside, on a 6000 cars/day road, has a nice well-lit sign, and near significant tourist locations.

Time to get out our hamster wheel again... (*sigh*)

 

 

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If you are looking for commercial one then you must have patience or talk to some good real estate agency or broker. i found them pretty handy Smiling

  • Aqui podra practicar ruleta, tragaperras, video poker y vastos potes de incentivo en este juegos de maquinas tragamonedas y fue especialmente diseñado para competidores españoles con vastos vales en capital y jackpots.
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only looking at commercial properties, but there are few in the category that interest us.  Residential has way too many restrictions for what we are trying to do.

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Unders is there an update? I was out of town and may have missed it. 

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Appt with zoning at their office monday

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undersea wrote:
Appt with zoning at their office monday

Hope it all goes well!

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Thx! Hope your trip was good

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Appt with zoning at their office monday

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Talked to zoning officer (phone).  it had been approved for model home.  Turns out the really nice 3BR apartment upstairs was never approved.  Seller has renters there illegally.

It only had a low flow septic, so cannot handle people living there.

That many be a good thing, as the number of uses for the property will be pretty limited.  So I may be able to bargain for a large septic to be installed, to handle the people and uses I envision.

Price has already dropped from about 280 to 200K.  About 3300SF and only 8 years old and good parking, so hoping I can get the sellers to spring for the septic!

I have old architectural drawings (2007) for both floors and lot (site), so need to stop in to dialogue with both zoning and sewage officers with my planned uses and layout.

Wish me luck...

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I am excited for you - best of luck IN WRITING of course with the bureaucrats. I remember how exciting it was to be redecorating for our B & B after the Duchess moved out.

Tom
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We had a septic issue building the B&B.  Had a tank ok'ed for a max single family home, but the official wastewater rate sheet used by most building officials has really high rates per room for B&B/motels, so he made us add another tank.  Now 3000 gallons for a 5 room inn.  Septic isn't cheap, had to add effluent field space and the fees were high.  Don't leave this out of the $$ calc!

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There was a place we looked at (same county) that was a B&B twice (went out of business). They had approval for 3 rooms (+ owner) and I think they had 700 gallons daily. It is still a possibility, but I get the feeling they won't approve the other things we want to do (mixed use, not commercial, which I am requiring or myself). Feeds down to a stream, so there are limitations on that property that made me queasy.

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Good luck with this one, undersea.  As for why someone would suggest a property - I have no idea where you are. You might have said at some point, but I don't recall.

When I moved to run a b&b it was 300 miles away from where I lived, including a ferry trip, and in another state. Some of us do/have done that and would do it again. 

 

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Pennsylvania, home to second highest number of b&bs.

Have job, so cannot relocate. And I know this area, so that is how I can help my guests. Elsewhere I have to start over.

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Coming to the forum to sell is a big turn off to people, and also can get you banned from the forum, please reconsider this sort of thing Garden Pix. I just wanted you to know, this is a place for interaction, not selling.

Tom
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It wasn't a big turn off. 

We are all in business: we all promote ourselves at least a little; we are all good at filtering.

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Joey Bloggs wrote:

Coming to the forum to sell is a big turn off to people, and also can get you banned from the forum, please reconsider this sort of thing Garden Pix. I just wanted you to know, this is a place for interaction, not selling.

Unless something was removed from the original 'wish you had looked at my place' comment, it seems like a perfectly OK comment in context.

There have been 5-6 inns for sale posted here and reposted and the owners making comments in appropriate locations that they are for sale.

Maybe I missed something. Is the poster always saying 'come buy my place?' I'll agree that would get old.

But, 'hey l'm buying' and 'hey l'm selling' in the same thread seems like a good fit.

I do realize the seller started with a post about being for sale, but the buyer started with a post about buying. Match made in heaven.

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I did think it was a bit odd.  But at least one other person tried that in the past. 

Not sure why people think I just want to up and move hundreds of miles away, as if getting a place is the only thing that matters.  Nor do they have any clue what I am looking for, my requirements, financials, interests, size, etc.

I am not far from family. I do have a job. I have ties to the area.  I have knowledge of the area. If I wanted to buy someone else's inn, there are a dozen sites that have listings.

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There is a forum section specifically for selling inns.  I'm confused.

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TheBeachHouse wrote:

There is a forum section specifically for selling inns.  I'm confused.

Confused by my comment, or confused by the posting of more for sale info here:

Wish you'd looked at mine. Our party room with restroom, kitchen etc. and good parking could easily be transformed into a spa and other uses. We get MORE than 6000 cars/day where we are.

Our price is quite a bit higher because our facility is in A+ condition (for a 125-year-old house with grand style) and our business numbers are good for 5 guest rooms in a rural town. We also have an out building which could become an ADA suite or treatment room a woodsy zen feeling (all wired, plumbed to the perimeter and ready to re-do with parking right there.)  10 year old adjacent "shed" for us because we have tools) is also more than large enough for a couples treatment area. Lots of potential for different businesses. A home-based business such as yours probably Ok where we are. Just can't do full-on retail (like a dress shop or gas station).

Good luck with the one you are pursuing. Come see me if it doesn't work out, but I bet it does!

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Confused by you scolding someone for calmly and rationally suggesting that there is an inn for sale.  That is, in my opinion, a completely appropriate response to a thread about buying an inn.

 

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TheBeachHouse wrote:

Confused by you scolding someone for calmly and rationally suggesting that there is an inn for sale.  That is, in my opinion, a completely appropriate response to a thread about buying an inn.

 

Of course it was directed at me, it always is. 

The innkeeper came here to the forum and has been posting for sale info all over the place. Pure and simple, and is only now giving advice on everything from that standpoint.  Undersea shared his excitement about making an offer - on a new thread he created - and she posts it is too bad as he could have bought her place and goes into the reasons why her place is better suited. Now THAT is innapropriate TheBeachHouse. 

Hitting every thread they can with a for sale speech means you are only here to sell your place, and that is not what the forum is about. There is a thread/forum for that. This one is "aspiring innkeepers"

happykeeper's picture
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Any chance of just makin' nice. 

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gillumhouse's picture
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And INNSPIRING innkeepers.There are several that have been here for a LOOOOONG time that are on the market. None of them have been hitting the "buy me" button. Once we ask if they are looking in a general area or know where they want to be, no one has waved a flag in anyone's face. That is the point.

happykeeper's picture
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I don't know k- it didn't seem that odd to me. 

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May it all work out if this is the place you are meant to be!

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gillumhouse's picture
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I hope all works out well for you.

Garden_Pix_Inn's picture
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Wish you'd looked at mine. Our party room with restroom, kitchen etc. and good parking could easily be transformed into a spa and other uses. We get MORE than 6000 cars/day where we are.

Our price is quite a bit higher because our facility is in A+ condition (for a 125-year-old house with grand style) and our business numbers are good for 5 guest rooms in a rural town. We also have an out building which could become an ADA suite or treatment room a woodsy zen feeling (all wired, plumbed to the perimeter and ready to re-do with parking right there.)  10 year old adjacent "shed" for us because we have tools) is also more than large enough for a couples treatment area. Lots of potential for different businesses. A home-based business such as yours probably Ok where we are. Just can't do full-on retail (like a dress shop or gas station).

Good luck with the one you are pursuing. Come see me if it doesn't work out, but I bet it does!

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happykeeper's picture
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Sounds like a very flexible property. You gotta figure the right person will come along.  

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I need to be within driving distance of my job.  I make decent $$$ + medical.  My wife will be responsible for operations M-F.  She is getting rather impatient that we cannot start yet, but I consider her enthusiasm a good thing!

Garden_Pix_Inn's picture
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Good luck. The way this forum works you could be in mid-Pacific (undersea, ha ha) and we would not know. Good luck wherever you are!

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good luck!

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All the best Unders. yesyes

May the pieces fall where they may and in all the right places.

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Thx

The problem of buying existing, is that I just am not going to qualify for $500-$600,000.  And I am not convinced that is a good spend of money anyway.

We looked at a prior B&B that went out of business (twice) - only 250K.  But the zoning keeps a 5000SF, 6 bedroom/5bath place limited to 3 bed B&B due to septic (above a stream). Not even allowed to rent out the other several bedrooms to anyone other than family to make a little extra money.  And no other business activity allowed, when I really want to package rooms with some other interesting activities.  I am not doing this for the money.

So my entire focus is a large commercial house in a good location.  Then of course, I have to fight the zoning/septic/safety stuff.   That is what is making it take longer.  But I think I will be over $300,000 ahead and have other advantages.

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