11 Main St.Brides, Newfoundland & Labrador A0B2Z0, St.Brides , A0B2Z0
Listing ID: 1269026
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$375,000
Price
0
Bed
0
Bath
6,000
Sq. Ft.
Built: 1968
Listed: 6 months ago
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Property 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, 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:26452)

Other located at 11 Main St.Brides, Newfoundland & Labrador A0B2Z0. It has 0.00 beds, 0.00 bathrooms, and is 6000 square feet. The property was built in 1968. 11 Main St.Brides, Newfoundland & Labrador A0B2Z0 is in the St.Brides neighborhood.
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Listed by: Keller Williams Platinum Realty ENGEL & VOLKERS OTTAWA CENTRAL
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MJ
MAE JIA
(709) 749-6054

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MJ
MAE JIA
(709) 749-6054
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