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$ 375,000
Est. payment /mo
Active
11 Main Street St.brides, NL A0B2Z0
6,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 6000
Square Footage 6,000 sqft
Price per Sqft $62
MLS® Listing ID 1288263
Year Built 1968
Property Sub-Type Freehold
Property Description
Acquired in 1994, the Capeway Inn & Suites emerged from the historic Presentation Convent, transformed into a welcoming tourist facility. Located in the heart of an enchanting region, this property offers the most attractive accommodations closest to North America's easily accessible seabird colony at Cape St. Mary's Ecological Reserve. For nearly three decades, dedicated operators have nurtured this establishment into a thriving business, focused on providing guests with the utmost comfort and top-notch amenities in this beautiful area which is recognized as a 4 STAR property. The property has undergone significant renovations to preserve its historical significance while offering modern comfort. It comprises a total of 10 units, including 7 units equipped with kitchenettes and 2 units featuring two double-size beds, catering to a diverse range of guest preferences. This property offers the flexibility for the owner to reside on site, with a spacious 2-bedroom unit or another unit of their choice. Additionally, it provides eight other units available for rental purposes, catering to both tourism and long-term rentals. Close to Gooseberry Cove Provincial Park, Point Lance Sands, Ferry Traffic,Port of Argentia. Additionally, operating a coffee/tea shop with soups, sandwiches, and light lunches or even a full-fledged restaurant can complement our accommodations, enhancing the guest experience and revenue streams. The Capeway Inn & Suites represents an extraordinary opportunity in a region rich with natural beauty and potential for growth. This is not just a hotel; it's a turnkey investment. With minimal hassle and immediate returns, it's the ideal opportunity for both seasoned hoteliers and newcomers to the industry. Don't miss the chance to own a profitable hotel with everything in place to ensure your success from day one! (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Interior
Heating Radiant heat, , Mini-Split
Cooling Air exchanger
Flooring Marble, Ceramic, Laminate, Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Others
Ownership Freehold
Virtual Tour https://youtu.be/U3Y__hO-Xj4
Listed by Keller Williams Platinum Realty