$2,300,000 FOR SALE

Commercial/Retail

339-351 Water Street
Saint Andrews, NB E5B 2R2

This extraordinary property has been a well-known accommodations business in St. Andrews since the 1930s, first as the Seaside Inn and Cabins, then as the Seaside Beach Resort. Previous to that this prime harbourfront lot has been occupied by a foundry, a shipwright & a livery stable dating back to the mid 1800s. Located in the heart of St. Andrews, Canadas 1st Seaside Resort Community, it enjoys direct access to one of the few in-town walkable beaches and is just a short stroll to many fine restaurants, shopping and outdoor activities for old and young alike! The property is comprised of 24 separate accommodation units (bachelor to 3-bdrms units - all but one with full kitchens), all with decks/outdoor spaces with ocean views, plus all enjoy access to the beachfront boardwalk & decks & the lawn with picnic tables. The property also includes the office, laundry facilities, a workshop & storage, plus the lovely 3-bedroom owners accommodation. This property has had constant upgrades over the years with efficiency and low maintenance in mind, including new windows and metal roofs, heat-pumps, EV Charging stations and boasts 11,600 +/- sq ft of finished space and over 600 sq ft of decks. Fantastic turn-key opportunity! The pictures tell the tale seasidebeachresort.net Note: This sale will be a share sale that will include the business, the land and buildings, plus the included chattels. This sale is subject to HST. Financials will be provided upon signing of an NDA. (id:47423)

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Listed By RE/MAX PROFESSIONALS
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB100551
Last Updated Sep 04, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Hotel/Motel/Inn
Price History
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Detailed Information
Amenities Nearby Golf Course, Recreation Nearby, Shopping
Equipment Water Heater
Features Level lot, Golf course/parkland
Municipal ID 15025034
Ownership Type Freehold
Property Type Other
Rental Equipment Water Heater
Structures Workshop
Transaction Type For sale
Waterfront Type Waterfront on ocean
Waterfront Name Passamaquoddy Bay
Zoning Description Mixed Use
Business
Business Type Accommodation, Accommodation
Business Subtype Hotel/motel, Cottage/Cabin Rental
Building
Constructed Date 1938
Cooling Type Heat Pump
Exterior Finish Cedar shingles
Fire Protection Smoke Detectors
Heating Type Baseboard heaters, Heat Pump, Hot Water
Roof Material Metal
Roof Style Unknown
Total Finished Area 11600 sqft
Land
Total Size 1.26 acres
Access Type Year-round access
Acreage Yes
Amenities Golf Course, Recreation Nearby, Shopping
Landscape Features Landscaped
Size of Irregular Land 1.26

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