Primary photo of 3457 Highway 3, Brooklyn
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Business For Sale

$1,699,500

MLS® Number: 202603677

Land Size

8

Year Built

1960

3457 Highway 3, Brooklyn, Nova Scotia

About This Property

Located just outside the heart of Liverpool, the Transcotia Motel is an excellent investment opportunity for someone that has the imagination, motivation and drive. The Transcotia has been successfully owned and operated for 38 years by the same owner and holds so much potential for continued success in the future. The motel consists of 21 rooms that include 7750 sqft of living space 14 of these rooms are double in space and include a front and back entrance and 7 of the rooms are singles. As well, there is a 1100 sqft, 2 storey 2 bedroom living quarters. The motel also includes a 350 sqft laundry and utility area and a separate 1250 sqft restaurant with seating for 51, a full kitchen and liquor licence. The Transcotia Motel has had a long history of housing out of town contractors and the opportunities and unique possibilities for this business are endless. Included with the property are 8 commercial zoned acres that could lead to building more units or adding a 30+ site campground for which it already has been approved. Many upgrades to the motel were done in 2018 including electrical, plumbing and a new roof. As well, all of the double rooms are wired for heat pumps and 15 of the rooms were updated. The Transcotia Motel is located on a high traffic area, with Highway 103 only 3km away. It is also close to many spectacular beaches and the quaint town of Liverpool. If you are looking for an investment opportunity, this may be the gem that you are looking for.

Property Details

Interior Details

Cooling

Heat Pump

Flooring

Concrete, Wood

Building & Exterior

Building Features

Laundry Facility, Living Accommodation

Parking Features

Paved Yard, Parking Space(s)

Year Built

1960

Land & Location

City Region

Brooklyn

Lot Size Area

8.0 acres

Lot Size Dimensions

8

Parcel Number

70086053

Postal Code

B0J1H0

Listing & Financials

Listing Office

Reid Real Estate

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($339,900)
5.5%
25 Years

Estimated Monthly Payment

$8,349

Principal and interest only. Actual rates may vary.

Location & Map

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