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
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
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