$995,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

2668 Rte 25
Stanhope, PE C0A 1P0

Excellent investment opportunity in the popular Stanhope community which includes Stanhope Golf and Country Club,National Park Beaches and paved walking promenade along Bayshore Road. Property consists of 4 winterized 2bedroom (624 sq ft) cottages and one 3 bedroom (864 sq ft 1 1/2 storey residence/cottage all sitting on 1 acre. All cottages have winter tenant possibilities. Many renovations over the past 2 years including new roof shingles , heat pumps for heat and AC , fire pits for each cottage, and upgraded landscaping. The large newly constructed garage houses guest laundry,2 bay car garage as well as a very large workshop with heat pump for heat and AC as well a nice playground area. Financial info available with NDA All cottages are fully equipped with Eastlinc cable, Bell high speed internet. Call for additional details. Owner willing to assist with property turnover at closing. Owner currently lives in the house. (id:47423)

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Listed By ROYAL LEPAGE PRINCE EDWARD REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202322659
Last Updated Mar 05, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Community Stanhope
Price History
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Detailed Information
Listing Contract Date 2023-10-25
Municipal ID 135103
Ownership Type Freehold
Property Type Business
Transaction Type For sale
Views View of water
Zoning Description Commercial/Residential with income
Business
Business Type Accommodation, Residential
Business Subtype Hotel/motel, Residential
Building
Constructed Date 2003
Flooring Type Wood
Total Finished Area 4480 sqft
Utility Water Ground-level well
Parking Spaces
Name Spaces
Gravel
Parking Space(s)
Land
Total Size 1 - 3 acres
Acreage Yes

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