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1237 Franklin St
Galena, IL 61036
Cloran Mansion Bed & Breakfast · Hospitality Property For Sale · 5,380 SF

Property Facts

Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class B
Lot Size 1.39 AC
Building Size 5,380 SF
No. Stories 2
Year Built/Renovated 1880/2013
Parking Ratio 2.6/1,000 SF
Corridor Interior
Zoning Commercial

Amenities

  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free

About 1237 FRANKLIN ST , GALENA, IL 61036

Looking for a Turn Key Bed & Breakfast in Historic Galena, IL? Look no further! The Cloran Mansion is a great Investment opportunity for someone that is looking to become an Innkeeper. Also known as an intimate wedding destination. Annual gross sales of $300,000 with an average occupancy of 65%. This Historic Brick Mansion boasts five fully furnished guest rooms and a cottage suite that is ADA approved. All rooms, except one, have private bath, fireplace and double whirpool tubs to relax and destress. B&B is situated on 1.5 acres with beautiful maintained gardens, gazebo, and koi pond. The Innkeepers quarters has been recently remodeled and includes a dry sauna. There are many updates: all major appliances, central air, and electrical. Sellers would be happy to provide Innkeeping support and would help mentor new buyer(s). This is an exceptional business opportunity with having strong established business relationships in the community. Come check out this commercial real estate gem. Additional information can be found at their website. www.cloranmansion.com

Property Taxes

Property Taxes

Parcel Number
22-200-062-00
Land Assessment
$10,466
Improvements Assessment
$297,655
Total Assessment
$308,121
  • Listing ID: 11707486

  • Date on Market: 2/23/2018

  • Last Updated:

  • Address: 1237 Franklin St, Galena, IL 61036

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