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Special Purpose For Sale

$899,000

MLS® Number: 1291953

Floor Area

7,056

Year Built

2018

50 Harbour Drive, Greenspond, Newfoundland & Labrador

About This Property

Hub of the North – A Unique Turnkey Opportunity in Greenspond, NL Welcome to Hub of the North, a prime real estate & business opportunity located in the picturesque community of Greenspond, Newfoundland and Labrador. This exceptional property combines comfortable accommodations with a fully equipped dining establishment makes it an ideal investment for entrepreneurs or hospitality professionals. Accommodations Units; The property features six full-size, 2-bedroom efficiency units, designed for comfort and convenience. These fully furnished units boast modern amenities, including: Mini-split heat pumps for efficient heating and cooling. Washers and dryers in every unit. Each unit is thoughtfully equipped, offering a cozy and hassle-free stay for long or short-term travelers, & visitors. At the heart of the property is a spacious 2,304 sq. ft. restaurant, capable of seating up to 80 patrons indoors & accommodating an additional 38 diners on the outdoor deck. The restaurant is fully outfitted with a complete CO2 system, a modern commercial kitchen & dining area ready for operation. An inviting space perfect for serving locals and tourists alike, with room to host events or cater to group bookings. Nestled in the charming community of Greenspond, the property offers breathtaking views of the rugged Newfoundland coastline. Known as a destination for fishing, boating, and outdoor exploration, Greenspond attracts year-round visitors, making the Hub of the North an exciting opportunity to capitalize on tourism and hospitality. A Truly Turnkey Business Opportunity! Whether you’re looking to invest in a profitable hospitality business or expand your real estate portfolio, the Hub of the North offers unparalleled potential. With modern accommodations, a fully equipped restaurant, and a prime location, this property is ready for your vision. Don’t miss this chance to own a piece of Greenspond’s vibrant future!

Property Details

Interior Details

Flooring

Laminate, Other

Heating

Heat Pump, Baseboard heaters, Electric

Living Area

7056 sqft

Building & Exterior

Building Features

Laundry Facility, Living Accommodation, Air Conditioning

Year Built

2018

Land & Location

Postal Code

A0G2N0

Listing & Financials

Listing Office

Keller Williams Platinum Realty - Gander

Originating System Name

Newfoundland & Labrador Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($179,800)
5.5%
25 Years

Estimated Monthly Payment

$4,417

Principal and interest only. Actual rates may vary.

Location & Map

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