It’s rarer than an egg with yolk to find a bed and breakfast for sale that doesn’t need restoration or improvement.
But we did find one: Wisconsin’s Schuster Mansion, which is listed Tina Ferlindes and Tonia Thomsen of Realty Executives-Integrity for $2.2 million. The sellers are poised for a new host to take over the 9,300-square-foot mansion they’ve run as an inn since 2008.
Built in 1891, the red brick mansion is located in the Concordia District, a neighborhood 2 miles west of downtown also known as the Bed-and-Breakfast District.
The German Renaissance architectural style pays homage to Milwaukee’s late 19th-century German immigrants. The manor house served as a family home from 1891 to 1924 and has been converted into apartments over the decades.
Today there are four themed suites and three guest bedrooms – all but two are ensuite. There is also the owner’s quarters, a kitchen for preparing guests’ breakfasts and a two car garage.
Original hardwood floors, sliding doors, high ceilings and woodwork add period charm, while a conservatory, drawing rooms, library and formal dining room provide ample space for guests to spread out.
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Business at this inn was delicious.
“A lot of their guests come for events in the area,” like weddings, says Thomsen. “They have a lot of returning guests.”
After a successful career as an innkeeper, he became a homeowner Rick and Laura Sue Mosier are ready to retire. The Mosiers added a Victorian garden paved with Lannon stone, and new sidings and off-street parking.
“They really made this property and this business what it is today,” says Ferlindes.
Laura Sue, who hosts afternoon tea for guests and non-guests alike, “dresses in period costume,” says Ferlindes, “and spends time going through the history of tea. It is truly a wealth of information about the family (who first lived in the home) and the city of Milwaukee.”
Schuster Mansion, listed on the city, state and national historical registries, is a turnkey sale.
“All linens, silver and furniture (are included). There is even a Schuster vehicle,” says Thomsen.
The post Milwaukee’s Schuster Mansion Is a Delicious Opportunity for a Hungry Buyer appeared first on Real Estate News & Insights | realtor.com®.