For Sale Commercial Real Estate Listings in Niantic, Connecticut
FOR SALE * $3,000,000 * Hotel * Niantic, Connecticut * Full Listing Property Description:
Historic Waterfront "Elms Inn" @ Crescent Beach, Hotel & Rooming House Since 1900, 23 Rental Rooms + Owners Suite, Passed Down From Family Generations, Current Owner/Operator On-Site. Most Rooms Just Renovated w/New Baths & Carpet.
** Extremely Rare & Unique 11,420 SqFt Property On The Water!!! **
Business Not Included In Sale (No Financials Available). Real Estate, Hotel Building & All Business Equipment Included. This is a Connecticut Shoreline Property, at the White Sands of Crescent Beach in Niantic, Overlooks Niantic Bay and Long Island Sound, Between Fishers Island and Plum Island. 30 Minutes From Local Casinos and 2 Hours from New York City & Boston. Use as Business or Residential Property.
Current Business Model is: Summer is High Season (Almost Full Capacity May-Sept) Daily 23 Room Rentals Up to $250+/- Night & Winter Off Season (Oct-Apr) Rooming House Weekly Rentals (15 Units) at $225 +/- Week. 3 Different... [ Loan Quote for this Property ] [ Find a Broker ] [ Advanced Search ]
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