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

Listed for:
$799,000
0 beds
0 baths
Listed 81 days ago
Other for rent: 262 Memorial Drive, Clarenville, Newfoundland & Labrador A5A 1N9

View all 39 photos

Learn more about this property
Listing provided by:
Royal LePage Atlantic Homestead
MLS® number:
1280732
Agent:
Nick Vinicombe
*Indicates required field
Name is required
Email is required

About

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:27476)

Property Highlights

MLS® Number
1280732
Type
Business
Ownership Type
Freehold
Land Size
1 - 3 acres

Building

Building Type
Other
Square Footage
15000 sqft
Amenities
Balconies, Air Conditioning, Living Accommodation Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric, Propane
Building Cooling Type

Location