$2,935,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

39339 Cabot Trail
(Ingonish Ferry)
Ingonish, NS B0C 1L0

Discover an exceptional investment opportunity on the iconic Cabot Trail with this successful hotel property, perfectly situated in the picturesque town of Ingonish. Boasting 18 well-appointed rooms across three floors, this property offers breathtaking views of the magnificent vista of Middle Head Peninsula, Atlantic Ocean and the mountain range of Cape Breton Highlands. Set on 4.7 acres of prime real estate, this hotel is strategically located at the base of Cape Smokey Mountain, making it the first business traveller's encounter upon entering Ingonish. Its prime location provides easy access to the renowned Ski Cape Smokey and world famous Highland Links golf course within the stunning Cape Breton Highlands National Park, ensuring a steady stream of visitors year-round. Proudly rated 4 stars by Canada Select, this hotel operates year-round, demonstrating its robust profitability and reliable performance. The on-site restaurant currently serves a daily breakfast buffet for up to 45 guests in a charming 40-seat dining room and at times the restaurant, doing business as Restaurant Avalon, is open for casual fine dining (lunch and dinner), presenting additional growth potential. The restaurant has served special events including meal services for up to 60 people. A wedding arbour is on site for wedding ceremonies. This property not only offers an established and profitable business but also promises future growth potential in the burgeoning Ingonish area. Embrace the chance to own a piece of Cape Breton?s beauty and continue the legacy of a thriving hospitality business with unrivalled views and a strategic location. For more information or to schedule a viewing at the Castle Rock Country Inn, contact your agent today and seize this unique opportunity! (id:47423)

Share

Listed By RE/MAX Park Place Inc.
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202420169
Last Updated Aug 29, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Community Ingonish
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Amenities Nearby Highway
Community Features High Traffic Area
Equipment Propane Tank
Listing Contract Date 2024-08-16
Location Description Following the Cabot Trail, as you enter Ingonish at the base of Smokey. The first business as you see the water.
Municipal ID 85107811
Ownership Type Freehold
Property Type Business
Rental Equipment Propane Tank
Transaction Type For sale
Views Harbour, Ocean view, View of water
Business
Business Type Accommodation, Restaurant
Business Subtype Hotel/motel, Restaurant
Building
Amenities Air Conditioning, Laundry Facility
Constructed Date 1995
Construction Material Wood frame
Cooling Type Heat Pump
Fire Protection Monitored Alarm
Flooring Type Wood
Total Finished Area 11379 sqft
Utility Water Ground-level well
Parking Spaces
Name Spaces
Gravel
Parking Space(s)
Visitor Parking
Other
Land
Total Size 4.7 acres
Access Type Highway access
Acreage Yes
Amenities Highway
Disposition Features Cleared
Size of Irregular Land 4.7
External Links

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.