Property Description

*Top-rated, profitable, and recently renovated* Aldrich Guest House offers aspiring innkeepers a dream come true. This 5-room B&B boasts impressive financials, loyal guests, and a strong online presence, all primed for continued success. *Extensive renovations* Recent improvements mean low maintenance costs, including roof replacement (2023), all windows replaced (2023), full kitchen renovation and new appliances (2022), HVAC systems, tankless water heaters, and landscaping to name a few. The property has ductless heat pumps/mini splits for more efficient heating and cooling and personal control in the rooms. Each guest room has also been updated to reflect the home’s history instead of outdated decor, prioritizing sustainability and preservation. *Financials are impressive* Revenue, rates, and occupancy consistently exceed the competition. This strong performance translates to immediate return on investment for new owners. Additionally, Aldrich Guest House boasts over 1000 five-star reviews and numerous awards, solidifying its position as a top hospitality property. *A fully updated website and active social media presence* Facebook, Instagram, and Pinterest provide a strong foundation for continued marketing success. New owners can easily adapt these platforms to their vision while inheriting a dedicated follower base. *Ideal Location* Situated in a charming neighborhood, the inn is within walking distance of Galena’s vibrant downtown and a short drive from other attractions. Galena’s proximity to major cities like Chicago and Milwaukee guarantees a steady stream of year-round visitors. *In summary* Aldrich Guest House is a turnkey opportunity. Recent updates minimize upkeep, strong financials ensure profitability, and established effective marketing positions the B&B for continued success. The next owners can seamlessly transition this beloved property into their own unique vision, building upon the legacy of hospitality excellence.

Features
: Forced Air, Natural Gas, Zoned
: Wall unit, Central air, Zoned
Location
US
IL
Jo Daviess County
GALENA
61036
Third
900
W91° 34' 22.4''
N42° 24' 39.2''
900 Third Street
Additional Information
2,048 Sqft
ACTIVE and AVAILABLE
$9,574
6.5
City/Community
City/Community
Tankless
MURRAY
Eagle Ridge Realty
: Ceiling fans/remotes, Window treatments, Countertop-granite, Book cases built in
: Brick/stone
10768
$0
$0
Galena
Galena
Galena
Galena
: Laundry Basement, Porch Covered, Porch Screened, Patio, Out Building(s), Great Room
09/15/2024
City/Town
05/04/2024 12:56:10

900 Third GALENA, Illinois 61036

House For Sale
6 Bedrooms
6 Bathrooms
3,784 Sqft
$975,000

Reference ID: 202302443

Basic Details
Property Type : House
Price : $975,000
Bedrooms : 6
Bathrooms : 6
Half Bathrooms : 1
Square Footage : 3,784 Sqft
Lot Area : 0.43 Acre
Agent info

This listing is courtesy of

JOAN MURRAY

Eagle Ridge Realty

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