5567 Walnut Street, Augusta, MO 63332

$500,000
Sold Price
$500,000
List Price
$575,000
Closing Date
Mar 09, 2021
Days on Market
346
MLS#
20009515
Status
CLOSED
Lot Size
12,023
Sq. Ft. Above
4,982
Acres
0.28
Year Built
1998
Age
23
Subdivision
Knorshilds 2nd Add
Municipality
Augusta
County
St Charles
Listing Type
Commercial

Property Description

Historic bed & breakfast with full service bar and restaurant in Missouri Wine Country. The bed & breakfast is known as the Edelweiss Guest House (average annual revenue of $52k over the last 6 years of operation). The restaurant space was formerly occupied by the Augusta White House (leased at $18k per year). Annual net profit by part-time operator is $50,720 per year. Bank statements, taz returns, and reservation reports available. Centrally located in historic Augusta. Excellent investment opportunity. Six unique luxury guest suites with private jet tubs. Two handicap Accessible rooms with no steps from street. Indoor restaurant seating for 50 people. Large 35x32 covered deck. Live and work in the heart of Missouri Wine Country. Close to wineries, the Katy Trail, and shops. Price includes most equipment, fixtures and furnishings. Only restaurant in area in compliance with health, fire, and safety codes. Only B&B in area with jet tubs in all rooms.

Additional Information

Construction
Other
Parking Description
Other
Lot Dimensions
57/59 x 202/203
Cooling
Electric
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Price Per Sq. Ft
100.36
Taxes Paid
5469
Selling Terms
Cash Only, Conventional, Lease Option, Lease Purchase, Owner May Finance, Seller Assist, Seller May Pay SmCls, Specl Fincg Call Agt

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Listing courtesy of Better Homes and Gardens Real. Selling Office: Dolan, Realtors .

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