$2,585,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

253 Matthews Lane
Alberton, PE C0B 1B0

Briarwood Coastal Cottages and Lodge in Western PEI is a turn-key hospitality investment nestled amid unspoiled natural beauty. This property offers a unique blend of comfort, luxury, and versatility with panoramic views of Dock River, promising steady income and growth potential. Briarwood offers 6 housekeeping cottages, 8 overnight rooms, and 8 one-bedroom kitchen suites. The recently renovated cottages combine modern comfort with a homely touch. With 22 rental units in total and a large, well-furnished seven-bedroom house on site, Briarwood is perfectly equipped to welcome a wide array of guests year-round.The upgraded banquet hall on-site can accommodate up to 60 guests for events ranging from corporate meetings to weddings, enhanced by renovated kitchens, new banquet chairs, and modern amenities. Liquor and food premise licenses add to its revenue-generating capabilities. Set on a +15 acre lot, with 8 acres primed for new lodging development or subdivision into waterfront lots, there's significant expansion potential. The property includes approximately 5,000 SF of warehouse space for operational needs. Guests enjoy modern amenities such as high-speed internet, satellite TV, air conditioning, and pet-friendly options. The exemplary exterior grounds, a recipient of the PEI Beautification Society Tourism Award, feature two new lodge decks, solar lighting, recognized as one of Canada's Historic places Additional assets include a 24-hour outdoor security surveillance system, a 2021 18' pontoon boat, a 2019 John Deere tractor, and everything you need for a seamless transition of operations. Located near Alberton, Briarwood benefits from proximity to dining, shopping, and outdoor activities like golf and hiking. Supported by a strong community rapport, memberships in various tourism and business organizations, exceptional reviews, and an established online presence, Briarwood is a premier choice for investors seeking a profitable and reputable hospitality business. (id:47423)

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Listed By COLLIERS PEI
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202407326
Last Updated Nov 16, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Community Alberton
Price History
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Detailed Information
Amenities Nearby Water Nearby
Equipment Propane Tank, Other
Listing Contract Date 2024-04-16
Municipal ID 1120104
Ownership Type Freehold
Property Type Business
Rental Equipment Propane Tank, Other
Transaction Type For sale
Waterfront Type Waterfront on river
Zoning Description Commercial
Business
Business Type Accommodation, Recreation
Business Subtype Hotel/motel, Recreation
Building
Constructed Date 2024
Fire Protection Monitored Alarm, Smoke Detectors
Flooring Type Other
Total Finished Area 26000 sqft
Utility Water Ground-level well
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Visitor Parking
Land
Total Size 15.55
Acreage Yes
Amenities Water Nearby
Size of Irregular Land 15.55

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