11 Main Street, St. Brides, Newfoundland & Labrador

$375,000

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6,000

Square feet

0.22

Acres

About 11 Main Street

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:2599)

Features of 11 Main Street

Listing # 1269075
Price $375,000
Bathrooms 0.00
Square Footage 6,000
Acres 0.22
Year Built 1968
Type Single Family
Sub-Type Freehold

Community Information

Address 11 Main Street
City St. Brides
Province Newfoundland & Labrador
Postal Code A0B2Z0

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Drapes/Window coverings
Appliances Alarm System, Microwave, Stove, Washer, Dryer
Heating Oil Radiant heat
Cooling Air exchanger
Fireplace No
Has Basement No

Exterior

Exterior Vinyl siding
Foundation Concrete

Listing Details

OfficeKeller Williams Platinum Realty

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