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Listed by RE/MAX Central Real Estate Ltd - Springdale
$324,000
Est. payment /mo
8,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,600 sqft
Price per Sqft $37
MLS Listing ID 1294419
Year Built 1967
Lot Dimensions 250 X 348
Source NLAR
Property Description
This former motel/restaurant presents a unique investment opportunity in central Newfoundland. Location offers excellent visibility and convenient access from the Trans-Canada Highway making it an ideal stop for travelers, workers and tourists exploring the region. This property includes multiple guest rooms/efficiency units, attached restaurant space with on site parking providing an excellent opportunity to offer both accommodation and dining from one location. Additionally there is a 1 bedroom apartment, 3 additional bedrooms with shared kitchen space great for staff housing, public washrooms, extra storage space, laundry rooms, linen room. Large lot, storage shed, electric heat, wood furnace, well and septic. This property offers significant potential for entrepreneurs looking to revitalize or expand the hospitality business.
Location
Province NL
Zoning Commercial
Interior
Interior Features Living Accommodations, Public Washroom
Heating Baseboard, Electric, Wood
Cooling Baseboard, Electric, Wood
Equipment None
Exterior
Utilities Available Electrical, Septic, Telephone, Well
Roof Type Metal
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