$949,900
( $63.33Per Sq Foot )
 $5,099 forsale estimated payment Sourced by Back At You

262 Memorial Drive , Clarenville, NL A5A1N9

Clarenville, NL A5A1N9

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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:374)

Details

Mls1276933
Listing TypeFor Sale
StyleAttachd
StatusActive
Year1960
Days On Site90
Listing Provided ByRoyal LePage Atlantic Homestead | NICK VINICOMBE

Features

Sq Feet15,000
Storys2
ZoningCommercial
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Listings Checked: 6 minutes ago
StateNL
CityClarenville
Zip CodeA5A1N9
Listing VS Median (in A5A1N9)
Price:
$949,900
low | high
Med:
$949,900
50% of Average
SqFt:
15,000
low | high
Med:
15,000
50% of Average
$ / SqFt:
$63
low | high
Med:
$63
50% of Average
On Site:
90
low | high
Med:
90.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 11,000 - 18,500
Listing Updated: October 29, 2024 at 4:47:20 AM PDT