State College PA Bed and Breakfast for Sale

Stunning State College Mansion Inn

The opulent Reynolds Mansion is in the heart of Bellefonte, a town known for its Victorian masterpiece homes and its close proximity to State College, PA, home of Penn State University. While Bellefonte, founded in 1795, is a tourist destination in its own right, it is also the preferred location for discerning visitors to the University. Clearly, this is a formula for success as the Inn’s occupancy rates demonstrate. This magnificent Inn is a member of Select Registry™ – Distinguished Inns of North America and presents a wonderful opportunity for a buyer who wants an established business, a superb lifestyle and options for expanding the business.

The Reynolds Mansion complex consists of an exquisitely restored 10,000 ± square foot brownstone mansion and a 5200 ± square foot former carriage house. These buildings are settled in a romantic setting of greenery and stately trees, ideal for the weddings held here.

Within the Mansion are six luxurious suites for guests, each of them spacious, with a fireplace and a spa tub or steam shower in the bath. The majestic public rooms are ideal for large gatherings, yet offer the warmth and intimacy B&B guests seek. The Mansion’s crown jewel is the owners’ penthouse suite. Finished in 2000, this delightful retreat includes a living room, glass sunroom and deck in addition to the master bedroom suite with a whirlpool tub and steam shower. There are also two bedrooms which share a bath, and a living room, on the second floor. The Carriage House contains two large apartments that provide a constant income stream. The future possibilities for this building are tantalizing.

The owners of this fine Inn have completely renovated it during their stewardship, building an excellent business, with strong financials, from the ground up. They are ready to pass it on to a buyer who appreciates its grandeur and future potential. We have suggestions for the future development of this outstanding property and would be pleased to discuss them with you. Offered at $1,250,000, which includes the real estate, business and inventory of fine furnishings. Inquiries are welcome!