Investment Opportunity: Unique Multi use Condo including vacant land, Motel and Restaurant An incredible multi-unit condominium nestled in a park-like sanctuary just 25 minutes from Sydney, offering a one-of-a-kind opportunity for investors. Features: Rustic Restaurant & Banquet Room: A 3184 sq ft restaurant boasting a cozy ambiance, complete with a large banquet room featuring a bar and open fireplace for special events. The outdoor area offers seating and an open fire cowboy grill. Newly Renovated Motel: Two fully furnished units with outdoor decks, equipped with all amenities. Vacant Lots: Eight vacant lots, including one waterfront lot, ready for development. All lots have power and are connected to the central septic system. Water Access & Recreational Area: Enjoy direct access to the Mira River, leading into the ocean. A beautiful recreational area with a wharf and boat launch offers opportunities for outdoor activities. Location Advantages: Scenic Location: A park-like sanctuary with water access, offering a serene retreat for guests. Proximity to Amenities: Just 25 minutes from Sydney, with access to extensive infrastructure including hospitals, restaurants, banks, a university, cinema, shopping mall, and a small airport. Marion Bridge, with a gas station and convenience store, is only 10 minutes away. Nearby Attractions: Louisburg, home to the renowned Fortress of Louisbourg National Historic Site, is only a 30-minute drive away. Investment Potential: With the current state of the housing market, this property presents a smart choice and a great opportunity for investors. Options for further development are abundant, making it a perfect location to develop rental units or explore other ventures.Seize the chance to invest in this unique condo with endless potential. Whether you're looking to expand the restaurant, enhance the motel experience, or develop the vacant lots, property offers a multitude of possibilities for growth and profit. (id:47423)
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Detailed Information
Amenities Nearby
Shopping, Water Nearby
Listing Contract Date
2024-04-29
Location Description
Take the exit onto Alexandra St/Gabarus Hwy/NS-327,take the 2nd exit onto Alexandra St/Gabarus Hwy/NS-327 Continue straight onto Grand Mira South Rd ,Destination is on the right
Municipal ID
15887029
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Views
River view
Waterfront Type
Waterfront on river
Business
Business Type
Accommodation, Restaurant
Business Subtype
Hotel/motel, Restaurant
Building
Age
26 years
Amenities
Air Conditioning, Laundry Facility
Construction Material
Wood frame
Cooling Type
Heat Pump
Flooring Type
Wood
Total Finished Area
4016 sqft
Parking Spaces
Name
Spaces
Gravel
Land
Total Size
1.4544 acres
Acreage
Yes
Amenities
Shopping, Water Nearby
Disposition Features
Cleared
Size of Irregular Land
1.4544
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