Old Powder House Inn Bed & Breakfast | 38 Cordova St
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Old Powder House Inn Bed & Breakfast 38 Cordova St
10 Room Bed and Breakfast Saint Augustine, FL 32084 £2,542,963 (£254,296/Room)
Investment Highlights
- Historic District
Executive Summary
The Old Powder House is an elegant Bed and Breakfast located in the historic heart of St. Augustine featuring two buildings. The main Inn has frontage on Cordova Street nestled among mature pecan trees and features nine spacious guest suites each with their own private bath. The Old Powder House also boasts a separate 3-bedroom cottage with a fully stocked kitchen and its own private shaded deck. This is a rare find in the heart of the historic district. On-site parking allows guests to enjoy a complete vacation without the need to drive.
A strong booking history, dialed-in operations, and healthy financials make this an attractive opportunity for someone entering the thriving hospitality industry or an attractive addition to an existing portfolio.
A strong booking history, dialed-in operations, and healthy financials make this an attractive opportunity for someone entering the thriving hospitality industry or an attractive addition to an existing portfolio.
Property Facts
| Price | £2,542,963 | No. Rooms | 10 |
| Price Per Room | £254,296 | Number of Floors | 2 |
| Sale Type | Investment | Year Built/Renovated | 1898/2002 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Bed and Breakfast | Parking Ratio | 1.88/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.25 AC | Opportunity Zone |
Yes
|
| Building Size | 4,797 SF |
| Price | £2,542,963 |
| Price Per Room | £254,296 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 4,797 SF |
| No. Rooms | 10 |
| Number of Floors | 2 |
| Year Built/Renovated | 1898/2002 |
| Tenancy | Single |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- Balcony
- Restaurant
- High Speed Internet Access
- Patio
- Wedding Venue
- Public Access Wi-Fi
- Smoke-Free
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | £252.73 | - |
| Guest Room | 9 | £248.82 | - |
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Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 205360-0000 | Improvements Assessment | £581,928 |
| Land Assessment | £631,261 | Total Assessment | £1,213,189 |
PROPERTY TAXES
Parcel Number
205360-0000
Land Assessment
£631,261
Improvements Assessment
£581,928
Total Assessment
£1,213,189
zoning
| Zoning Code | RG-1 (Residential General 1) |
| RG-1 (Residential General 1) |
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Old Powder House Inn Bed & Breakfast | 38 Cordova St
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