Historical Mayor's Mansion Bed & Breakfast For Sale *Just Reduced*

Hospitality for Sale
Catylist Listing ID: 29666187
Property Subtypes: Bed & Breakfast
Number of Units: 11 Units
Building Size (RSF): 11,162 SF
Gross Building Area: See Agent
Sale Price: $1,599,000
Unit Price: $145,363.64 Per Unit
Property Use Type: Business
Building Name: Mayor's Mansion Inn
Name of Establishment: Mayor's Mansion Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/3/2017

Overview / Comments

Experience the historical elegance of the Mayor’s Mansion Inn Bed and Breakfast. This 11-room bed and breakfast mansion inn, built in 1889, was home to Edmond G. Watkins, who later became the Mayor of Chattanooga, Tennessee. In addition to the 11 guest rooms, there is a studio apartment designated for an on-site manager, which could also be repurposed as a spa. The owner's apartment is on the lower level and features a full kitchen, living room, bedroom, bathroom and office nook. The Mayor's Mansion Inn serves the community in a variety of ways including being a popular venue for weddings, corporate events, luncheons, in addition to creating an inviting historical environment for guests to "get away". Now serving Chattanooga and located in the Fort Wood Historic District, adjacent to the University of Tennessee at Chattanooga campus, the Mayor’s Mansion Inn Bed and Breakfast is truly dedicated to making your client's stay in Tennessee as unforgettable as the Chattanooga surroundings. The Mayor’s Mansion Inn Bed and Breakfast is conveniently located to such well-known Chattanooga, TN attractions as the Tennessee Aquarium, Ruby Falls, Rock City Garden and Lookout Mountain.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 146A E 020
Zoning: C-2

Attachments & Media



Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,144 60,931 135,946
Median Age: 31.27 34.2 36.69
Households: 4,469 24,654 56,780

Contact

Photograph of Listing Agent

Heather Lyons Bevil

Stone Fort Properties GCAR CMLS Member
Photograph of Listing Agent

Valerie Gallups

Stone Fort Properties GCAR CMLS Member
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