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262 Memorial Drive
Clarenville NL , A5A 1N9 , Canada
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Nick Vinicombe
Agent
Owner/Manager
Phone: 709.579.8106
Cell: 709.685.6425
Home Fax:
709.579.5869
My Website
Email Me

Royal LePage Atlantic Homestead
Brokerage:
81 Kenmount ROAD
St. John's, NL
A1B3P8
Phone: 709.579.8106
Fax: 709.579.5869
Company Website
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$949,900.00
MLS® 1280732
Commercial
Annual Tax Amount: $4,902.00
Floor Space (approx): 15000 Square Feet
Built in: 1960
Zoning: Commercial
Remarks:
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!!

Property Features:
  • Access: Year Round Road Access
  • Construction: Concrete
  • Driveway: Paved
  • Features: Balcony(s) , Signs Allowed
  • Fire Protection: Alarm
  • Heating Cooling: Baseboard , Electric , Propane
  • Interior Features: Air Conditioning , Living Accommodations , Security System
  • Land Features: Central Location , Patio , Rear Yard Access (Vechicle) , Shopping Nearby
  • Property Size: 1.0 -2.99 Acres
  • Roof: Shingle - Asphalt
  • Title: Freehold
  • Year Built Description: Approximate

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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