Owner Financing is Available!
Business Overview:
Historical Landmark in the heart of Southwest Riverside County now available. This classic property is a refurbished period building constructed mainly of redwood. The 6073 sq. ft. 2-story building was once the famous Crescent Bath House frequented by the rich and famous including Former President Grover Cleveland who bathed in the 120 degree/F plus Sulphur Hot Springs which still flow. The second story is a complete apartment and parlor that can be rented out or used by the owner. Extended out from the main building is a long hallway with individual rooms on one side formerly used for soaking in the healing waters of the sulphur springs. The rooms are currently used for antique displays, but could be converted back to hot tubs or rented out in conjunction with the antique store in the main building. At the end of the hallway is a large room approximately 680 sq. ft. formerly leased out to a catering company that promoted itself locally as a Victorian period “Tea Room” and stayed very busy. The antique store retails quality period items owned by this seller and consignors. . Year Established : Original building, now updated and structurally improved, was built in 1887 and was declared an historical landmark in 1977 by the State of California. Facility/Property : The building encompasses a total of 6073 sq. ft. including the hallway and Tea Room. This property lends itself to an expanded antique store, spa, hot springs bath wellness center, or whatever the creative buyer envisions. Ideal candidate for a 1031 exchange. Reason for Selling: Retirement Asking Price : $995,000
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Real Estate License ID: DRE #01779467
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: