Cornerstone Bed & Breakfast in Philadelphia For Sale

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Listing Description


Declare Your Independence....Come to Philadelphia!

Gorgeous gothic Victorian stone bed and breakfast available in University City. This spacious corner property is located on Drexel University campus and blocks from University of Pennsylvania, and 3 major hospitals. Also within a 10 minute walk to the Philadelphia Art Museum and Amtrak's 30th Street Station, and only 20 minutes from Philadelphia Zoo and the Penn Museum.
 
This thoroughly updated B&B has been awarded Best Romantic Getaway and Best Weekend Getaway by Inquirer's Philly Favorites for 3 years running, and is consistently rated as the #1 B&B in Philadelphia on TripAdvisor. With hundreds of five star reviews, Cornerstone B&B is also the only property in Philadelphia that is a member of Select Regsitry, Distinguished Inns of North America. Cornerstone is busy all year round, and offers 6 unique guest rooms, including 2 large suites, 2 king rooms, and 2 queens, accommodating up to 16 guests total. All rooms have updated private baths and new HVAC systems. Additionally, there is a 1st floor owner's apartment with a bedroom, living room, bathroom, small outdoor patio, 1.5 car garage, and shares the inn kitchen.
 
This beautiful historic building maintains many of its original elements, including inlaid floors, stained glass windows, fireplaces, pocket library doors, moldings, and chandelier. The corner lot offers plenty of visibility, and includes a newly-added dining patio with beautiful gardens that surround the wrap-around porch that are frequently used for bridal showers and intimate weddings. An outdoor fire pit provides a rare, serene green space within the city, and guests love to sit and enjoy our S'mores Package. Security is bolstered by the private security staff of both universities and an on campus City of Philadelphia Police district station. Free street parking is available to guests, in addition to 2 reserved spots in Cornerstone's driveway that we charge a fee per night.
 
There is ample room to add additional revenue streams, including room packages, high teas, holiday specials, and other intimate events. 



Listing Information


Innkeeper:

Address: 3300 Baring Street

PO Box:

City:Philadelphia

State:Pennsylvania

Postal Code: 19104

Country: USA

Toll Free:

Phone: 267-907-3698

Cell: 267-907-3698

Fax:


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Property Information


Sale Price:1,800,000$

Square Ft: 4500 sq ft

Lot Size in Acres: 1/16

Parking Spots: 3

Year Built: 1870

Last Renovation: 1990

Years as Inn: 36

Guest Rooms: 6

Guest Bathrooms: 6

Owners Quarters: Yes

Restaurant: No

Pool: No

Furniture Included?: Yes

Sale or Lease?: For Sale

Avg. Annual Income: 350,000

MLS # :

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