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253 Matthews Lane, Alberton, PE C0B1B0
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$2,585,000
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Home Details for 253 Matthews Lane
Price
$2,585,000
Type
Commercial/Industrial
Year Build
2025
Listing #
28191331
On exitrealty.com
132 days
Property Description
Briarwood Coastal Cottages and Lodge in Western PEI is a turn-key hospitality investment nestled amid unspoiled natural beauty. This property offers a unique blend of comfort, luxury, and versatility with panoramic views of Dock River, promising steady income and growth potential. Briarwood offers 6 housekeeping cottages, 8 overnight rooms, and 8 one-bedroom kitchen suites. The recently renovated cottages combine modern comfort with a homely touch. With 22 rental units in total and a large, well-furnished seven-bedroom house on site, Briarwood is perfectly equipped to welcome a wide array of guests year-round.The upgraded banquet hall on-site can accommodate up to 60 guests for events ranging from corporate meetings to weddings, enhanced by renovated kitchens, new banquet chairs, and modern amenities. Liquor and food premise licenses add to its revenue-generating capabilities. Set on a +15 acre lot, with 8 acres primed for new lodging development or subdivision into waterfront lots, there's significant expansion potential. The property includes approximately 5,000 SF of warehouse space for operational needs. Guests enjoy modern amenities such as high-speed internet, satellite TV, air conditioning, and pet-friendly options. The exemplary exterior grounds, a recipient of the PEI Beautification Society Tourism Award, feature two new lodge decks, solar lighting, recognized as one of Canada's Historic places Additional assets include a 24-hour outdoor security surveillance system, a 2021 18' pontoon boat, a 2019 John Deere tractor, and everything you need for a seamless transition of operations. Located near Alberton, Briarwood benefits from proximity to dining, shopping, and outdoor activities like golf and hiking. Supported by a strong community rapport, memberships in various tourism and business organizations, exceptional reviews, and an established online presence, Briarwood is a premier choice for investors seeking a profitable and reputable hospitality business. (id:31684)
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Listing Courtesy: COLLIERS PEI

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