ActiveFor Sale

490 A Gillingham Avenue
Norris Arm, Newfoundland & Labrador, A0G3M0

Retail
CREA
MLS® Number: 1298154
$389,900List Price
RetailProperty Type
177'x225'Lot Size
Comm.Zoning
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Description

Exceptional investment opportunity with endless potential. This well-maintained oceanfront property features a total of six buildings, including three fully furnished cabins and two additional buildings containing five efficiency rental units. The three cabins include two 2-bedroom, 1-bath units and one charming 1-bedroom, 1-bath cabin, currently operated as the popular honeymoon suite. This cozy retreat features a relaxing jacuzzi tub and separate stand-up shower, making it an attractive option for couples seeking a romantic getaway. The two efficiency-unit buildings offer five additional rental accommodations, including two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Unit #3 is fully wheelchair accessible, providing comfortable accommodations for guests with mobility needs. Each rental unit comes fully furnished and equipped with cable TV, Wi-Fi, BBQs, and everything needed to operate a successful nightly rental business. Guests also have access to an on-site laundry facility, while two fully serviced RV hookups provide additional income potential for campers and RV travelers. Perched overlooking the ocean, these accommodations offer breathtaking views and spectacular sunsets. Outdoor enthusiasts will appreciate being just steps from the Trans-Canada Trail, providing direct access to extensive ATV and snowmobile trail networks that stretch throughout the region. All cabins and units are up to date, exceptionally maintained, and in excellent condition. Whether you're looking to expand an existing hospitality business or start a new venture, this property offers tremendous opportunity for future growth and development. Don't miss your chance to own this unique income-generating property. (id:66360)

Features

Ocean viewView

Amenities

Laundry Facility

Summary

List Price:$389,900
MLS® Number:1298154
CREA Listing Key:29902855
Type:Retail
Listing Brokerage:Royal LePage Generation Realty

Rooms

No room information available

Details

Property

Property Type:Retail
Business Type:Service
Municipality:Norris Arm

Utilities

Heating:Baseboard heaters, Electric

Land

Lot Size:177'x225'
Zoning:Comm.

$389,900

List price