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262 Memorial Drive, Clarenville, NL A5A1N9
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$799,000
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Home Details for 262 Memorial Drive
Price
$799,000
Type
Commercial/Industrial
Year Build
1960
Listing #
1287283
On exitrealty.com
137 days
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:31684)
- Heating Information
- Baseboard
- Electric
- Propane
Listing Courtesy: Royal LePage Atlantic Homestead
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Market statistics compiled from data from Canadian Real Estate Association.
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EXIT REALTY ASPIRE
9 Shoal Harbour Dr. Suite 102, Clarenville, NL A5A 2C3
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$799,000
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EXIT REALTY ASPIRE
9 Shoal Harbour Dr. Suite 102, Clarenville, NL A5A 2C3