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$799,000
Est. payment /mo
15,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $53
MLS® Listing ID 1287283
Year Built 1960
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Fantastic business opportunity right in the heart of Clarenville. This 25 room motel ( formerly known as the Restland Motel has been providing accommodations to tourists and locals for years. This property has been well maintained over the years and is ready for a new owner. The 15,000 square foot building located next to shopping and many other amenities features a pub, restaurant and a mixture of motel rooms and efficiency units ( 10 efficiency units and 15 motel rooms). This property would make a great investment as a motel or could easily be configured for long term or short term housing. With the current demand for affordable housing and rental demands this property would be suitable to help ease such demands. Don't miss out on this fantastic investment opportunity!! (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, ,
Flooring Carpeted, Ceramic Tile, Hardwood, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Royal LePage Atlantic Homestead