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The Nordic Pineapple 506 S Oakland St 7 Room Bed and Breakfast Saint Johns, MI 48879 $1,306,463 CAD ($186,638 CAD/Room)
INVESTMENT HIGHLIGHTS
- Strong brand reputation
- High occupancy and guest loyalty
- Limited competition
- Flexible ownership model - innkeeper in place
EXECUTIVE SUMMARY
Established Bed & Breakfast Business with 9,000 SF Historic Mansion | Business & Real Estate Included
This is a rare opportunity to acquire a thriving bed and breakfast business housed in a fully restored 9,000 sq. ft. historic mansion in mid-Michigan. Since launching in 2018, the inn has built a strong brand centered on upscale lodging, curated experiences, and personalized guest service. The property features seven uniquely themed suites with private bathrooms and luxury amenities, 1,700 sf inn keeper's suite, carriage house, inviting common areas, and multiple revenue streams—including events, retreats, and package enhancements.
The business has shown impressive growth, tripling revenue since 2020 and projecting over $300,000 in revenue by 2026. A full-time innkeeper is in place, making it ideal for a semi-absentee owner or someone looking to scale operations. The mansion itself has been meticulously maintained with recent major upgrades including HVAC, hot water systems, and continual capital improvements.
Offered at $145,000 for the business and $800,000 for the real estate, this opportunity combines lifestyle, income potential, and long-term value.
This is a rare opportunity to acquire a thriving bed and breakfast business housed in a fully restored 9,000 sq. ft. historic mansion in mid-Michigan. Since launching in 2018, the inn has built a strong brand centered on upscale lodging, curated experiences, and personalized guest service. The property features seven uniquely themed suites with private bathrooms and luxury amenities, 1,700 sf inn keeper's suite, carriage house, inviting common areas, and multiple revenue streams—including events, retreats, and package enhancements.
The business has shown impressive growth, tripling revenue since 2020 and projecting over $300,000 in revenue by 2026. A full-time innkeeper is in place, making it ideal for a semi-absentee owner or someone looking to scale operations. The mansion itself has been meticulously maintained with recent major upgrades including HVAC, hot water systems, and continual capital improvements.
Offered at $145,000 for the business and $800,000 for the real estate, this opportunity combines lifestyle, income potential, and long-term value.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Balcony
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ABOUT 506 S OAKLAND ST , SAINT JOHNS, MI 48879
Fully renovated 9,000 mansion turned into a bed and breakfast in 2019. Includes carriage house. Potential to purchase adjacent lot now, and current owners' home in 1-2 years.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $247.47 CAD | - |
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The Nordic Pineapple | 506 S Oakland St
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