$600,000

The historic Satsuma Hotel right in the heart of downtown Alford, Fl. is a unique 5,076 sq ft property on a .64-acre lot, grandfathered in as a commercial/residential multi-use building. Currently used as a private residence, with 18+ rooms, including 8 bedrooms and 3 full modern baths and 2 half baths, this versatile space is ideal for use as a boutique inn, event venue, private residence, or live/work setup. Inside, you'll find heart pine floors, restored original cabinetry, a large entertainment hall (15'x46') with antique sliding doors, a spacious pantry, laundry room, modern stainless appliances, and negotiable vintage kitchen pieces. Notable upgrades include a tin roof (2018), solar panels with Tesla battery backup (2020), central HVAC on each floor, Berber commercial carpet, bead board insulation, shotgun-style hallways, and 11' ceilings. The third floor serves as an art studio with additional attic storage potential. Federal grants have funded major infrastructure improvements including a commercial sewage system (to be completed Sept 2025), a city water tower and modern water system (completed Dec 2024), freshly paved roads, and updated street signage. Outdoor features include a fenced yard with two electric gates, a 2-car garage, three porches, ample guest parking, an equipment shed with attached guest bath, and an exterior staircase with a wench for lifting items to upper floors. Make an appointment today to see all this beautiful property has to offer.