Acquired in 1994, the Capeway Inn & Suites emerged from the historic Presentation Convent, transformed into a welcoming tourist facility. Located in the heart of an enchanting region, this property offers the most attractive accommodations closest to North America's easily accessible seabird colony at Cape St. Mary's Ecological Reserve. For nearly three decades, dedicated operators have nurtured this establishment into a thriving business, focused on providing guests with the utmost comfort and top-notch amenities in this beautiful area which is recognized as a 4 STAR property. The property has undergone significant renovations to preserve its historical significance while offering modern comfort. It comprises a total of 9 units with one meter, including 7 units equipped with kitchenettes and 2 units featuring two double-size beds, catering to a diverse range of guest preferences. This property offers the flexibility for the owner to reside on site, with a spacious 2-bedroom unit or another unit of their choice. Additionally, it provides eight other units available for rental purposes, catering to both tourism and long-term rentals. Close to Gooseberry Cove Provincial Park, Point Lance Sands, Ferry Traffic,Port of Argentia. Beyond accommodations, there's potential to develop an RV park on nearby grounds, with level land requiring minimal excavation. Additionally, operating a coffee/tea shop with soups, sandwiches, and light lunches or even a full-fledged restaurant can complement our accommodations, enhancing the guest experience and revenue streams. The Capeway Inn & Suites represents an extraordinary opportunity in a region rich with natural beauty and potential for growth. This is not just a hotel; it's a turnkey investment. With minimal hassle and immediate returns, it's the ideal opportunity for both seasoned hoteliers and newcomers to the industry. (id:47423)
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
Total Area
6,000 ft2
Equipment
None
Listing Contract Date
2024-03-25
Ownership Type
Freehold
Property Type
Single Family
Rental Equipment
None
Transaction Type
For sale
Zoning Description
Residential
Building
Appliances
Alarm System, Microwave, Stove, Washer, Dryer
Constructed Date
1968
Construction Style (Attachment)
Detached
Cooling Type
Air exchanger
Exterior Finish
Vinyl siding
Fixture
Drapes/Window coverings
Flooring Type
Ceramic Tile, Laminate, Other
Foundation Type
Concrete
Heating Fuel
Oil
Heating Type
Radiant heat
Type
Multi-Family
Land
Total Size
0.217ha | .5 - 9.99 acres
Sewer
Septic tank
Size of Irregular Land
0.217ha
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
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.