$5,500,000 FOR SALE

Business for Sale

Hotel

10-14 Main Street
Stephenville, NL A2N 1H2

Are you looking to have your own business in the Town of Stephenville? Welcome to 10-14 Main Street, The Dreamcatcher Lodge, offers a turnkey opportunity that can be yours!! This wonderful property has it ALL, LOT, LAYOUT & LOCATION!! Located in a prime location with 1.3 acres of land on Main Street in a high traffic area for maximum visibility with access to property also from West Street. Three buildings that consist of a Hotel & 2 Motels. Each building has 2 floors with an approximate total of 19,500 sq/ft of space & located on a large parcel of land with paved parking for multiple vehicles. Main building consists of a lounge, kitchen, vacant restaurant, public washrooms, lobby and storage space on the main floor & 10 hotel rooms upstairs. The 2 Motels have 10 rooms each that are self contained with appliances, furniture, beddings, draperies & linens included and a one bedroom apartment. This business started in the 1950's and current owners has been in operation for 20 years and now looking for new owners to keep it growing, expanding and prosper in a continuous successful business. The possibilities are endless!! Dream catcher Lodge is a 2 minute walk to the beach and walking distance to shopping & all other amenities. HST applicable on purchase price. (id:47423)

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Listed By Royal LePage NL Realty-Stephenville
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1274488
Last Updated Jul 12, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel
Franchise Non-Franchise
Price History
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Detailed Information
Amenities Nearby Recreation, Shopping
Equipment Propane Tank
Listing Contract Date 2024-07-04
Ownership Type Freehold
Property Type Business
Rental Equipment Propane Tank
Transaction Type For sale
Zoning Description COMM.
Business
Business Type Accommodation, Accommodation, Restaurant, Arts and Entertainment
Business Subtype Hotel, Motel, Restaurant, Entertainment
Building
Amenities Balconies, Laundry Facility, Living Accommodation
Constructed Date 1958
Flooring Type Laminate, Wood
Heating Fuel Electric
Type Special Purpose
Land
Total Size 552’ Frontage(57,262 sqft) | 1 - 3 acres
Access Type Year-round access
Acreage Yes
Amenities Recreation, Shopping
Landscape Features Landscaped
Size of Irregular Land 552’ Frontage(57,262 sqft)

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