$375,000

11 Main Street,
St.brides

MLS ® 1269026

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:9704)

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