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Restored Victorian Mansion Bed & Breakfast
For Sale
Contact for pricing
Pending

340 M-40, Allegan, MI 49010

Romantic getaway destination with event space and spa.

Property Size9,500 SF
Lot Size65.00 Acres
Days on Market847

Property Features for 340 M-40

General Information

Standard status Pending
Size 9,500 SF
Lot size 65.00 Acres
Property subtype Hospitality
Zoning Commercial

Building Details

Year Built 1906
Year Renovated 2012
Buildings 4
Stories 3
Listing Agency: Marilyn Bushnell
Listed By: Chuck Anderson · License #444156
Source: Crexi
Added: Apr 17, 2024 Changed: Aug 8 Last Checked: Aug 10 at 2:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marilyn Bushnell

Investment Insights

Based on property information with market context.

The Castle in the Country Bed and Breakfast, originally built in 1906 and nicknamed “the Castle,” specializes in romantic getaways in rural southwestern Michigan. This hospitality property offers a variety of guest experiences. The first building, a Victorian mansion, has been lovingly restored with much of its original decor and modern touches. The second building, started in the 1980s as an artist’s retreat, has been expanded to include multiple guest rooms, event spaces, and a full commercial kitchen. Extensive renovations have been completed on both buildings. The Inn features 10 rooms and suites with WiFi, jetted tubs, fireplaces, king or queen-sized beds, and private baths. The property includes 65 private acres with private lakeshore frontage, kayaks, paddle boats, and walking trails through the wooded estate for snowshoeing in winter and hiking in the summer. Screened gazebos, porches, and an on-site spa are available for guests. Large event space and underutilized studio and living areas offer resources for additional revenue. The property is commercially zoned, allowing for future growth and expansion. Centrally located between Chicago and Detroit, approximately 2.5 hours from each, the Inn is a convenient rural getaway. Grand Rapids, Michigan, is less than an hour away. Nearby towns of Holland, Douglas, Saugatuck, and South Haven offer restaurants, breweries, wineries, and outdoor activities. The property size is 9500 square feet.

Key Highlights

  • Established and Profitable Bed and Breakfast: Successful hospitality business specializing in romantic getaways with a proven track record.
  • Prime Location: 65 private acres with private lakeshore frontage, centrally located between Chicago, Detroit, and Grand Rapids, offering both seclusion and accessibility to urban amenities and attractions.
  • Luxurious Accommodations: 10 rooms/suites with modern amenities including WiFi, jetted tubs, fireplaces, king or queen sized beds, and private baths.

Property Analytics

Current Use

Bed & breakfasts

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49010, MI

18,183
Population
7,222
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
93%
High-School Grad
156.6 sq mi
ZIP Area
116
Density / Sq Mi
$72,361
Median Household Income
$42,133
Median Earnings
$1,061
Median Rent
$204,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Romantic getaway destination with event space and spa.
Where is this bed & breakfast located?
The property is located at 340 M-40 Allegan, MI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Established and Profitable Bed and Breakfast: Successful hospitality business specializing in romantic getaways with a proven track record.; Prime Location: 65 private acres with private lakeshore frontage, centrally located between Chicago, Detroit, and Grand Rapids, offering both seclusion and accessibility to urban amenities and attractions.; Luxurious Accommodations: 10 rooms/suites with modern amenities including WiFi, jetted tubs, fireplaces, king or queen sized beds, and private baths.
More about this property
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