Description

The perfect lifestyle bed & breakfast! Enjoy life and practice the art of hospitality running a premium bed & breakfast in a wonderful North Carolina coastal town. Located in one of New Bern's signature historic Antebellum properties which has been operating as a b&b since 1980. Main house built in 1848, currently operating as The Meadows Inn after the name of its original owner, John Alexander Meadows. Steady business with the added benefit of live-in quarters. Great potential for further development due to its great location. Serves both tourists and business travelers, particularly lawyers who conduct proceedings at the nearby federal and county courts. Walking distance to the waterfront, the convention center, the History Center, the Tryon Palace and other New Bern downtown attractions such as the birthplace of Pepsi. Main b&b house is three story, impeccably maintained. Secondary property, 1,200 sq ft cottage, perfect for mid term rentals. Either the third story or the cottage can be set aside for innkeepers' live-in quarters. Great potential for further development by an enterprising owner who can put his/her imprint on the hospitality side of the business or can further diversify by expanding retail food services on the first floor (tea house, coffe-house, pastry shop, upscale or casual dining). it is all about a great location, a fantastic town, an on-going business with great reputation, and impeccably maintained and reasonably priced real estate with great potential. Check out the inn's website!

Financial Summary

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