$849,900 FOR SALE

Business for Sale

Motel

0 Route 340
Boyd's Cove, NL A0G 1G0

Location, Corporation and a Zillion dollar view! Formerly "The Causeway" had been the place where everyone had "come home" to in Central, for the last 40 years! Everyone knows someone who was "screeched in" at "The Causeway"! Since Muggee's Place Inc bought it in 2014, it has become a home away from home for pavers, miners, environmentalists', prospectors and tourists. The food and accommodation package Muggee's has offered Corporate guests has taken the worry out of being away from home. Corporations have booked Muggee's for their Christmas Parties. A private Christmas venue overlooking the bay! Muggee's food an accommodation package has proven itself profitable over and over again! The motel has also hosted visitors who have come during moose season, to hunt. This location would be a great place to set up a lodge/resort for that very sport. The restaurant has been updated and kept up with a cook top, steam table, heat pump, shingles, siding, brick work, a rear sun deck, tables, chairs, fixtures, paint and décor and a menu with something for everyone! The restaurant's liquor license is in good standing. The cleared piece of land is where The Causeway bar once stood, it has been taken down and is now a blank canvas for your unique ideas! You could add a couple Air B&B's, a dream house of your own or combine that space with the 2,200 square foot warehouse and create a dream wedding venue, open a micro brewery or a little marina! The warehouse is reinforced with a steel roof, you could move in and start generating an income offering indoor storage right away! The motel has been updated and kept up as well, including new toilets, vanities, flooring, paint, drapery, furniture, heat pumps, hot water tanks, beds, bedding and linens, updated sun decks overlooking the bay and front decks for easier access. The restaurant has an electrical panel separate from the motel and the warehouse has its own as well. The possibilities are endless for this property! (id:47423)

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Listed By Outport Realty Inc.
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1266737
Last Updated Jan 18, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Motel
Franchise Non-Franchise
Price History
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Detailed Information
Amenities Nearby Highway
Equipment Other, Propane Tank, Water Heater
Listing Contract Date 2024-01-17
Location Description Trans Canada Hiway to Route 340, follow signs for Route 340 to the right, it is about 35 minutes out, past Birchy Bay. Alternatively, get onto Route 331 and turn left onto Route 340, it is about 10 minutes out.
Ownership Type Freehold
Property Type Business
Rental Equipment Other, Propane Tank, Water Heater
Storage Storage
Structures Sundeck
Transaction Type For sale
Views Ocean view
Zoning Description Commercial
Business
Business Type Accommodation, Industrial, Restaurant
Business Subtype Motel, Warehouse, Restaurant
Building
Amenities Air Conditioning, Laundry Facility
Flooring Type Mixed Flooring
Heating Fuel Electric, Propane
Heating Type Heat Pump
Type Special Purpose
Land
Total Size 32,670 - 43,559 sqft (3/4 - 1 ac)
Access Type Water access, Year-round access
Amenities Highway

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