262 Memorial Drive, Clarenville, Newfoundland & Labrador, CA

Address: 262 Memorial Drive, Clarenville, Newfoundland & Labrador

0 Beds0 Baths15000 sqftStatus: Buy
Price $949,900

Property Overview


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:51532)

 

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Property Summary
Property Type
Business
Building Type
Other
Square Footage
15000 sqft
Title
Freehold
Land Size
1 - 3 acres
Built in
1960
Building
Interior Features
Flooring
Carpeted, Ceramic Tile, Hardwood, Laminate
Building Features
Square Footage
15000 sqft
Rental Equipment
Propane Tank
Building Amenities
Balconies, Air Conditioning, Living Accommodation
Heating & Cooling
Heating Type
Baseboard heaters
Land
Other Property Information
Zoning Description
Commercial
Features
           Balconies            Air Conditioning            Living Accommodation
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Your Home Finance Calculation

Property Price CA $949,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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