2504 Main StreetBarnstable MA 02668
D / Bed & Breakfast
Opportunity awaits to own an incredibly unique, award-winning Inn at the heart of Cape Cod’s historic district. The owner of the Lamb and Lion Inn in Barnstable will receive offers between $1,100,000 and $1,300,000 with a decision to be made from all qualified offers by October 12, 2020. The Innkeepers are looking to retire and the previously pending purchase was disrupted at the beginning of the stay-at-home orders. The property is now being offered below its previously negotiated price. Interested purchasers must be fully qualified and should prepare clean offers for submission between now and October 9, 2020. The Lamb and Lion Inn has been the recipient of countless industry recognitions from local publications to CNN, Good Morning America and The Travel Channel.Currently the income is in the middle of its strongest financial year, the Inn enjoys a long history of outstanding occupancy rates. This Inn has been approved for a 504 Small Business Association loan, presenting the new ownership the opportunity to have fixed commercial borrowing rates and terms with the bank as a first mortgage. Great opportunity to bid on this award winning Inn.
Updated: Saturday, Sep 26 2020www.capeshores.com/mlnumber/21904126/