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Apalachicola - The Gibson Inn

Address: 51 Avenue C apalachicola FL 32310

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Broker: Coldwell Banker Hartung and Noblin, Inc.
Contact Name: Chip Hartung
850-980-4007
chiphartung@cbhnmail.com

Description:

The Gibson Inn is one of Florida’s few remaining historic and authentic Inns. The inn was built in 1907 of heart pine and black cypress. The sale of the property includes a 30 Room Inn/Hotel (3 story) 19,276 SF, a (2 story) 2,838 SF Retail Building, and a (2 story) 2,394 Office Annex and a vacant commercial lot. The additional buildings are currently leased to a variety of local office and retail tenants, and along with the undeveloped lot, represent a possible redevelopment and hotel expansion opportunity to the investor/owner. The property was fully renovated in 1983 plus numerous additional renovations. The 30 guest rooms are uniquely appointed with authentic antique furnishings, cable TV, telephone and wireless internet. There is a large comfortable lobby and an old style wooden bar. The Gibson Inn also features, Gormley’s at the The Gibson Inn, an elegant yet casual restaurant and bar that provides another source of revenue.

Price: $3,280,000
Property Type: Vacation Rental
Acreage: 0.68
Bedrooms: 8+
Bathrooms: 5+