11 Main Street
St.Brides St.Brides A0B 2Z0

$375,000
Business

Main Photo: 11 Main Street in St.Brides: Business for sale : MLS®# 1269026
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Status:
Active
Prop. Type:
Business
MLS® Num:
1269026
Bus Major:
Accommodation
Bus Minor:
Bed & Breakfast
Build. Type:
Special Purpose
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 9 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. Beyond accommodations, there's potential to develop an RV park on nearby grounds, with level land requiring minimal excavation. 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:2493)
Property Type:
Business
Size Interior:
6,000 sq. ft.
Transaction Type:
For sale
Zoning:
Comm.
Ownership Type:
Freehold
Major Business Type:
Accommodation, Other
Minor Business Type:
Bed & Breakfast, Hotel, Motel, General commercial, Mixed - IC&I
Building Type:
Special Purpose
Building Amenities:
Air Conditioning, Laundry Facility, Living Accommodation
Age:
56 years
Cooling:
Air exchanger
Fireplace:
No
Floor finish:
Ceramic Tile, Laminate, Other
Heating:
Radiant heat
Heating Fuel:
Oil
Road Access:
Year-round access
Landscape Features:
Landscaped
Acreage:
No
Lot Size:
0.217ha|.5 - 9.99 acres
Lot Details:
0.217ha
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Listed by Keller Williams Platinum Realty
Data was last updated April 12, 2024 at 11:15 PM (UTC)
Mae Jia
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