$5,500,000

Commercial For Sale In Stephenville, Newfoundland and Labrador

$5,500,000

Property Information:

Are you looking to have your own business in the Town of Stephenville? Welcome to 10-14 Main Street, The Dreamcatcher Lodge, offers a turnkey opportunity that can be yours!! This wonderful property has it ALL, LOT, LAYOUT & LOCATION!! Located in a prime location with 1.3 acres of land on Main Street in a high traffic area for maximum visibility with access to property also from West Street. Three buildings that consist of a Hotel & 2 Motels. Each building has 2 floors with an approximate total of 19,500 sq/ft of space & located on a large parcel of land with paved parking for multiple vehicles. Main building consists of a lounge, kitchen, vacant restaurant, public washrooms, lobby and storage space on the main floor & 10 hotel rooms upstairs. The 2 Motels have 10 rooms each that are self contained with appliances, furniture, beddings, draperies & linens included and a one bedroom apartment. This business started in the 1950's and current owners has been in operation for 20 years and now looking for new owners to keep it growing, expanding and prosper in a continuous successful business. The possibilities are endless!! Dream catcher Lodge is a 2 minute walk to the beach and walking distance to shopping & all other amenities. HST applicable on purchase price. (id:27)

Building Features:

  • Style: Business
  • Building Type: Special Purpose
  • Amenities: Balconies, Laundry Facility, Living Accommodation
  • Flooring Type: Laminate, Wood
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Business
  • Access Type: Year-round access
  • Amenities Nearby: Recreation, Shopping
  • Built in: 1958
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Size: 552’ Frontage(57,262 sqft)
  • Zoning: COMM.

Courtesy of: Royal LePage NL Realty

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