262 Memorial Drive Clarenville, Newfoundland & Labrador A5A 1N9
$999,900
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:51189)
Business
| BusinessType | Accommodation, Other, Restaurant, Arts and Entertainment |
| BusinessSubType | Motel, General commercial, Restaurant, Entertainment |
Property Details
| MLS® Number | 1276933 |
| Property Type | Business |
| AmenitiesNearBy | Shopping |
| EquipmentType | Propane Tank |
| RentalEquipmentType | Propane Tank |
Building
| Amenities | Balconies, Air Conditioning, Living Accommodation |
| ConstructedDate | 1960 |
| FlooringType | Carpeted, Ceramic Tile, Hardwood, Laminate |
| HeatingFuel | Electric, Propane |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 15000 Sqft |
| Type | Other |
Land
| AccessType | Year-round Access |
| Acreage | Yes |
| LandAmenities | Shopping |
| SizeTotalText | 1 - 3 Acres |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/27390732/262-memorial-drive-clarenville
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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September 10 2024 12:13:32
The Newfoundland & Labrador Association of REALTORS®
Clarenville Realty Ltd., Royal LePage Atlantic Homestead
