The Casey Pomeroy House B & B

Retail-Commercial for Sale
Catylist Listing ID: 28675207
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 10,590 SF
Gross Building Area: See Agent
Gross Land Area: 0.76 Acres
Sale Price: $289,000
Unit Price: $27.29 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Business
Building Name: The Casey Pomeroy House Bed & Breakfast
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

Located in Vistula Historic District. Classic Italianate architecture. Property is listed on the National Register of Historic Places. Operating Bed & Breakfast is set up to host any type of event such as intimate wedding ceremonies, corporate retreats and meetings. Kitchen is large enough to cater any sized gathering. Improvements were started in 2003 and have been ongoing. All new wiring, plumbing and updates/restorations throughout. Custom woodwork throughout is new. It was designed to replicate the era in which the house was built. Total of 6 bedrooms on the second floor. 3 bedrooms have in-suite bathrooms. 2 bedrooms access restroom in hallway. 1 bedroom is unfinished and would currently be considered the innkeeper's suite until the 3rd floor is finished. 2 stairwells. Back stairwell has been widened.
Current kitchen was built as an addition to the house in 1924 and was previously used as a dining area. 3rd floor is currently unfinished. 6' to 8' attic. Chapel with seating for approximately 35. Altar has been deconsecrated. Commercial fire control communicator system on 1st floor sends out a signal but there is no sprinkler system. House has motion detectors in several zones. 450 gallon hot water tank with a recirculating pump. A new 2" water line was brought to the street to add pressure.
Current occupancy permit in place for approximately 150.

Attachments & Media

Financials

Finance Data Year 2014
Real Estate Taxes - Annual($) $2,824 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $2,797 (Annual)

Additional Details

Nearest MSA: Toledo
County: Lucas
Tax ID/APN: 15-44035
Zoning: COMMERCIAL MIXED USE
Property Located Between: Erie Street and Summit Street
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Summit Street
Feet of Frontage: 199
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1870
Year Renovated: 2003
Roof Type: Other
Construction/Siding: Other
Exterior Description: Brick
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Attached lot
Heat Type: Steam
Heat Source: Other
Zoning Description: Commercial Mixed Use which allows a variety of office, retail, spa/salon and hotel type uses
Lot Frontage: 199
Lot Depth: 166

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,258 128,102 252,202
Median Age: 31.01 33.09 35.03
Households: 7,111 49,670 101,522
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