$999,900

Commercial For Sale In Clarenville, Newfoundland and Labrador

$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

Courtesy of: Royal LePage Atlantic Homestead

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.