Discover a profitable opportunity with this historical home, thriving business, and all of the furnishings. This home was transformed into a stunning bed and breakfast, ideally located in the heart of North Manchester and near Manchester University. Rooted in the University's rich heritage as the former president's home, thus named the Campus Inn, this property offers a unique blend of comfort, convenience, and income potential with 4 bedroom suites in seamlessly blended classic architecture and modern luxury. Each color coordinated bedroom offers a cozy retreat for guests, complete with a private bathroom, a mini refrigerator, and a closet. The heart of the Inn features a charming wood burning fireplace, perfect for relaxing evenings, and a gourmet kitchen with custom cabinetry, an expansive island, ceramic tile backsplash, stainless steel appliances plus a pot filler, a wine chiller, a walk in pantry, and eat in or outdoor dining space. Surrounded in windows, find additional seating for dining or an afternoon board game. The main level laundry and 1/2 bath add convenience. The partially finished basement offers extra gathering space or a game room. A two car garage and concrete driveway provide off street parking, with street parking also available. All HVAC, electrical, flooring, bath fixtures, plumbing, some windows and doors, appliances, new in 2022. The Campus Inn Bed and Breakfast comes with a first class reputation and many future bookings are in place, offering immediate income potential for a new Innkeeper.
The median home value in North Manchester, IN is $173,000. This is higher than the county median home value of $153,600. The national median home value is $338,100. The average price of homes sold in North Manchester, IN is $173,000. Approximately 57.46% of North Manchester homes are owned, compared to 26.71% rented, while 15.84% are vacant. North Manchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Manchester real estate agent to arrange a tour today!
North Manchester, Indiana has a population of 5,269. North Manchester is more family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 26.52%.
The median household income in North Manchester, Indiana is $60,745. The median household income for the surrounding county is $59,611 compared to the national median of $69,021. The median age of people living in North Manchester is 32.2 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 39.9 inches per year, with 29.4 inches of snow per year.