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Special Purpose For Sale

$1,599,900

4 MAIN Road

MLS® Number: 1294105

Floor Area

9,724

Year Built

1989

About This Property

CHARMING 16 Room Motel for sale! You'll find The ROUND DA BAY INN nestled on the Bonavista Peninsula right in the middle of one of Newfoundland & Labrador's top tourist destinations. It places out of this world experiences at the fingertips of its guests - with short drives to historic Trinity & Bonavista, Port Rexton Brewery, famous hiking trails, sea glass beaches, whale watching tours and all the sites that comprise the amazing UNESCO Discovery Geopark. The ROUND DA BAY INN is a very well-established vacation destination with 16 theme rooms and a stellar reputation on several vacation review platforms. All units are well appointed, boasting exterior/interior access, with 8 small kitchenettes containing a fridge, sink, toaster, kettle, coffee maker & dishes plus 1 unit is 100% wheelchair accessible. In addition, there's a 2 bedroom/1 bathroom suite (or owners’ quarters) on the second floor with a sunroom & large deck. Back to the main floor where you'll find more major features like the inviting lobby, gift shop, public bathrooms and there's also a full commercial kitchen with a spacious dining room. Outside you'll find the property spans 4.5+ acres with an abundance of parking, and a 2,100 square foot garage (plus 900 square foot loft). This property has been immaculately maintained and as soon as you walk through the doors it shows the pride that the current owners have invested in the business. If you ever wanted to enter the hospitality business or you're an investor that wants to expand their portfolio then here's a sound opportunity just waiting for that perfect buyer!

Property Details

Interior Details

Flooring

Mixed Flooring

Heating

Baseboard heaters, Electric, Wood

Living Area

9724 sqft

Building & Exterior

Building Features

Laundry Facility, Balconies, Living Accommodation

Stories

2.0

Year Built

1989

Land & Location

Lot Size Dimensions

4.89 ACRES

Postal Code

A0C2E0

Listing & Financials

Listing Office

RE/MAX Eastern Edge Realty Ltd. Clarenville

Originating System Name

Newfoundland & Labrador Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($319,980)
5.5%
25 Years

Estimated Monthly Payment

$7,860

Principal and interest only. Actual rates may vary.

Location & Map

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List Property4 MAIN Road - Special Purpose for Sale in PLATE COVE WEST, Newfoundland & Labrador | MLS® 1294105