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11 Main Street St.brides, Newfoundland & Labrador A0B 2Z0

6000 sqft
Air Exchanger Radiant Heat Landscaped

$375,000

Acquired in 1994, the Capeway Inn & Suites emerged from the historic Presentation Convent, transformed into a welcoming tourist facility. Located in the heart of an enchanting region, this property offers the most attractive accommodations closest to North America's easily accessible seabird colony at Cape St. Mary's Ecological Reserve. For nearly three decades, dedicated operators have nurtured this establishment into a thriving business, focused on providing guests with the utmost comfort and top-notch amenities in this beautiful area which is recognized as a 4 STAR property. The property has undergone significant renovations to preserve its historical significance while offering modern comfort. It comprises a total of 9 units, including 7 units equipped with kitchenettes and 2 units featuring two double-size beds, catering to a diverse range of guest preferences. This property offers the flexibility for the owner to reside on site, with a spacious 2-bedroom unit or another unit of their choice. Additionally, it provides eight other units available for rental purposes, catering to both tourism and long-term rentals. Close to Gooseberry Cove Provincial Park, Point Lance Sands, Ferry Traffic,Port of Argentia. Beyond accommodations, there's potential to develop an RV park on nearby grounds, with level land requiring minimal excavation. Additionally, operating a coffee/tea shop with soups, sandwiches, and light lunches or even a full-fledged restaurant can complement our accommodations, enhancing the guest experience and revenue streams. The Capeway Inn & Suites represents an extraordinary opportunity in a region rich with natural beauty and potential for growth. This is not just a hotel; it's a turnkey investment. With minimal hassle and immediate returns, it's the ideal opportunity for both seasoned hoteliers and newcomers to the industry. Don't miss the chance to own a profitable hotel with everything in place to ensure your success from day one! (id:55727)

Business

Business Type Accommodation, Accommodation, Accommodation, Other, Other
Business Sub Type Bed & Breakfast, Hotel, Motel, General commercial, Mixed - IC&I

Property Details

MLS® Number 1269026
Property Type Business

Building

Amenities Air Conditioning, Laundry Facility, Living Accommodation
Constructed Date 1968
Cooling Type Air Exchanger
Flooring Type Ceramic Tile, Laminate, Other
Heating Fuel Oil
Heating Type Radiant Heat
Size Interior 6000 Sqft
Type Special Purpose

Land

Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Size Irregular 0.217ha
Size Total Text 0.217ha|.5 - 9.99 Acres
Zoning Description Comm.

https://www.realtor.ca/real-estate/26663640/11-main-street-stbrides

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