262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

MLS® # 1276933

Commercial For Sale In Clarenville, Newfoundland and Labrador

$999,900

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262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

$999,900

Property Information:

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:27)

Building Features:

Style: Business
Building Type: Other
Amenities: Balconies, Air Conditioning, Living Accommodation
Flooring Type: Carpeted, Ceramic Tile, Hardwood, Laminate
Heating Type: Baseboard heaters
Heating Fuel: Electric, Propane

Property Features:

OwnershipType: Freehold
Property Type: Business
Access Type: Year-round access
Amenities Nearby: Shopping
Built in: 1960
Zoning: Commercial

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Notes:

Nick Vinicombe

Owner/Manager Royal LePage Atlantic Homestead *

Mobile:709.685.6425

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Market Price Trends

Location of 262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Low

26 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Low

26 hot days expected in 2050

17/100

Low

ClimateCheck®

Current data

This property, 262 Memorial Drive , experiences 7 hot days per year at around 25.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 27.7 degrees Celsius.

Projected Avg. Temperature

Past

25.1℃

2050

27.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

72/100

Moderate-High

ClimateCheck®

Current data

This property, 262 Memorial Drive , experiences 11 significant 2-day storms per year, with about 361.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 473.5mm of precipitation per year.

Precipitation Per Storm

Past

361.8mm

2050

473.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$89,252.89

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.17 %

High school certificate or equivalent

29.33 %

Apprenticeship trade certificate/diploma

9.3 %

College/non-university certificate

32.49 %

University certificate (below bachelor)

2.66 %

University Degree

8.05 %

Commuter

Travel To Work

By Car

88.84 %

By Public Transit

0.0 %

By Walking

3.88 %

By Bicycle

0.0 %

By Other Methods

7.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.39 %

Houses

77.61 %

Own Vs. Rent

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262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9 $999,900 MLS® # 1276933

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

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