262 Memorial Drive Clarenville, Newfoundland & Labrador A5A 1N9
$799,000
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:55727)
Business
| Business Type | Accommodation, Other, Other, Restaurant |
| Business Sub Type | Motel, General commercial, Other, Restaurant |
Property Details
| MLS® Number | 1280732 |
| Property Type | Business |
| Amenities Near By | Shopping |
| Equipment Type | Propane Tank |
| Rental Equipment Type | Propane Tank |
Building
| Amenities | Balconies, Air Conditioning, Living Accommodation |
| Constructed Date | 1960 |
| Flooring Type | Carpeted, Ceramic Tile, Hardwood, Laminate |
| Heating Fuel | Electric, Propane |
| Heating Type | Baseboard Heaters |
| Size Interior | 15,000 Ft2 |
| Type | Other |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Land Amenities | Shopping |
| Size Total Text | 1 - 3 Acres |
| Zoning Description | Commercial |
Contact Us
Contact us for more information
Ted Williams
(709) 579-5869
www.facebook.com/tedwilliamsrealestate
www.linkedin.com/pub/ted-williams/9/40b/4ba
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February 28 2025 03:12:07
Newfoundland & Labrador Association of REALTORS®
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