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CANLSt. Brides11 Main Street
11 Main Street, Home with 0 bedrooms, 0 bathrooms and null parking in St. Brides NL | Image 1
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$375,000
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11 Main Street, St. Brides, NL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 6000 sqft
Garage No
Taxes 
Days Active 437
Lot Size 
Approx. Age 1968
Avg. Price Per Sqft $62
MLS® Number 1269075

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 with one meter, 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. (id:58753)Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® Number1269075
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1968
Basement
Driveway
Garage Spaces
HeatRadiant heat, Oil
A/CAir exchanger
Heating Fuel

Extras

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