The Creekside Inn is a rare opportunity to own a boutique hotel located on 223 feet of creek-front property. The property has undergone extensive renovation, with $241,853 in capital improvements completed in 2013. Improving market conditions present the opportunity for added value over the term of the hold as market conditions inevitably improve post-recession. The property has received multiple awards over the last decade from major publications, including Arizona Highways, Phoenix Magazine, AZ Bride, Trip Advisor and Arizona Foothills for Best Bed & Breakfast. The property is composed of two parcels, a one-acre parcel the building sits on and a 1.07-acre parcel used for events that may be purchased or leased as part of a sale. The property has been a premiere location for weddings of all sizes and is booked in advanced for the next season. The Creekside Inn presents an opportunity for the purchaser to enjoy the breathtaking views and renowned small town lifestyle of Sedona, Arizona while receiving a stable source of income with solid appreciation over the next several years. The property has seven units with the recent addition of the Honeymoon Suite, which can double as an Inn Keeper’s quarters. It sits on 2.07 acres with 223 feet of creek on its northern boundary, nestled in a quiet neighborhood next to an orchard. The Creekside Inn is centrally located and in walking distance of a variety of restaurants and art galleries. The property is rare, zoned C-1 in a residential neighborhood on Oak Creek, allowing for a variety of uses. While the property is currently being operated as a bed and breakfast, opportunities to cater to events or even drug rehabilitation are allowable within the current zoning. Major rehabilitation of the grounds was completed in 2012. Improvements to the walking paths and the installation of hedges, a gazebo and landscaping have increased the viability of the property to compete for weddings and other events. In 2013 major renovation to the building was completed. The renovation added a brand new kitchen, a sunlit dining room, a brick deck overlooking the creek and a 641 square foot Inn Keeper’s quarters or additional suite.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
