262 Memorial Drive, Clarenville
- Living area: 15000 square feet
- Type: Commercial
- Added: 73 days ago
- Updated: 24 days ago
- Last Checked: 5 hours ago
Fantastic business opportunity right in the heart of Clarenville. This 25 room motel ( formerly known as the Restland Motel has been providing accommodations to tourists and locals for years. This property has been well maintained over the years and is ready for a new owner. The 15,000 square foot building located next to shopping and many other amenities features a pub, restaurant and a mixture of motel rooms and efficiency units ( 10 efficiency units and 15 motel rooms). This property would make a great investment as a motel or could easily be configured for long term or short term housing. With the current demand for affordable housing and rental demands this property would be suitable to help ease such demands. Don't miss out on this fantastic investment opportunity!! (id:1945)
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Nearby Listings Stat
Active listings
28
Min Price
$49,900
Max Price
$949,900
Avg Price
$350,043
Days on Market
117 days
Sold listings
7
Min Sold Price
$54,900
Max Sold Price
$479,900
Avg Sold Price
$283,271
Days until Sold
108 days