38 Beach Road
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Special Purpose For Sale

$769,000

38 Beach Road

MLS® Number: 1279531

About This Property

Attention entrepreneurs, investors, and ANYONE dreaming of living on the doorstep of a white sandy beach! This is the exceptional hospitality business you have been waiting for! Situated just steps away from Eastport Beach, is White Sails Inn and Cabins. This captivating property must be viewed in person to appreciate it, and boasts a charming historic Inn (5 bedrooms), seven cozy cabins, and a spacious split-level 1450 sq ft home, all on 2.5 acres of well maintained land. With three bedrooms and 1.5 bathrooms, the home offers ample space for comfortable living. There is an office space on the back of the home, and its perfectly situation for the next owner to live the dream! Guests will delight in the abundant relaxation areas and ample room for children to play. This business can stay busy outside of the typical tourist season, and demand for accommodations has remained steady over decades. The peninsula hosts many wonderful events such as The Damnable Trails Festival! You will notice the buildings and grounds have been meticulously cared for. Situated on a huge grassy lot, there is plenty of space to expand this business - maybe a pool, a hot tub, paddleboard rentals, a canteen, RV parking, or a tennis court - the sky is the limit! To make this an even sweeter deal, the business is being sold FULLY FURNISHED. Everything down to the linens and spatulas are included - all you have to do is step in and run the business! Only 3 hours to St. John's and surrounded by other active tourist attractions a day trip away, this successful business is ready to choose its next owner! Vendors are open to negotiating at a different price point, should purchaser not require the 5-bedroom Inn to be included, however new survey will be required. Any applicable HST to be the responsibility of the purchaser

Property Details

Interior Details

Heating

Baseboard heaters, Oil, Electric

Land & Location

View

Ocean view, View

Listing & Financials

Listing Office

eXp Realty

Originating System Name

Newfoundland & Labrador Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($153,800)
5.5%
25 Years

Estimated Monthly Payment

$3,778

Principal and interest only. Actual rates may vary.

Location & Map

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List PropertyN/A Bed N/A Bath Retail for Sale in Eastport, Newfoundland & Labrador | $769,000