Magical Lakefront Inn
Lee, MA
Offered for sale at $3,995,000
This classic, turn-of-the-century lake cottage has evolved, by design, into a state-of-the-art, upscale lodging facility. Built in 1903, the inn denotes the unpretentious, timeless elegance of a turn-of-the-century lakeside cottage. The inn underwent a major, stem to stern renovation in 2015 -16 and in 2022 through early 2023. In 2023, current owners capitalized on the fabulous, lakefront setting by adding the Oasis Bar & Grill, an outdoor dining and live music venue. The Oasis Bar & Grill features a new 5000 sq. ft. terrace with 4 natural gas firepits, 20 umbrella tables, classic Adirondack chairs, intimate seating arrangements, a gazebo and a performance stage for live music overlooking the lake and spectacular sunsets. The Berkshires Region is not only one of the most scenic, naturally beautiful areas in the country, it is one of the strongest tourist destinations in New England and an “uber-enviable” place to live and operate an inn business.
Property Details- 14 Guest Rooms
- 14 Guest Room Baths
- Has Owner's Quarters
- Built in 1903
- Last Renovated in 2023
- Opened in 1945
- Building is 11,945 SQFT
- Lot is 2 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $3,995,000
- Occupancy Rate: 47.65%
- Average Daily Rate: 335.07
- Annual revenue is $806,192
- Terms: The Lake House Inn is fully staffed including an experienced, onsite GM. There is an assumable fixed rate SBA LOAN at 6%.
- Prequalify for Financing
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