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Sold for $1,015,000 on 12/14/23
  • $1,015,000

    164 Cleveland Ave, Auburn, CA 95603

    16beds
    5,640sqft
    Unknown
    Built in 1884
    -- sqft lot
    $1,119,900 Zestimate®
    $180/sqft
    $1,802 Estimated rent

    What's special

    The Power’s Mansion Inn Wedding and Event Center presents investors with the rare opportunity to purchase real estate which includes a 5640 square foot, 16-bedroom Victorian mansion, an established and profitable business including the Inn and wedding and event center. Attributes of the opportunity include: A beautifully restored historical building with deep roots to the California Gold Rush. 16 themed bedrooms furnished with artifacts from the gold rush era, each with private bathrooms. A growing bed and breakfast business with upside for weddings and special events. Awards and recognition from local publications and internet travel websites. Strong internet presence with very high ratings from guests. Located in the historic downtown area of Auburn, California, considered one of the best places to live in Northern California. The business generated $100K in earnings last year. Recent appraisal of property (June of 2018). Historic furnishings collection of significant value available for purchase with property and business. Seller willing to carry a seller carry note for approximately 40% of list price at competitive interest rate. This is the perfect opportunity for a person or couple who have dreamed of owning a bed and breakfast/Inn their entire life. Innkeeping attracts educated, sophisticated and prosperous folks, many of whom are seeking a bridge from career to retirement. Innkeepers should enjoy hosting in their home. Homebodies make good innkeepers. The world visits you rather than you traveling around the world. It requires common sense, planning, sense of hospitality, and some internet skills. For information contact Ron Schwab-Broker at 925.324.2161 or ronschwab1@gmail.com

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 17
    • Full bathrooms: 16
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,640 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Off-street
    Features
    • Exterior features: Shingle, Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 002082014000

    Construction

    Type & style
    • Home type: Unknown
    Materials
    • Roof: Composition
    Condition
    • Year built: 1884

    Community & neighborhood

    Location
    • Region: Auburn
    Services availability