$ 949.900

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)

Property DetailsKey information about 262 Memorial Drive

  • Heating: Baseboard heaters, Electric, Propane
  • Stories: 2
  • Year Built: 1960
  • Structure Type: Other

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile
  • Living Area: 15000

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 262 Memorial Drive

  • Building Features: Balconies, Living Accommodation, Air Conditioning

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Business & Leasing InformationCheck business and leasing options available at 262 Memorial Drive

  • Business Type: Accommodation, Other, Restaurant, Arts and Entertainment

Tax & Legal InformationGet tax and legal details applicable to 262 Memorial Drive

  • Tax Year: 2024
  • Tax Annual Amount: 4902
  • Zoning Description: Commercial
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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

Nearby Places

Name
Type
Address
Distance
Random Island Academy
School
256 Memorial Dr
0.1 km
Shoppers Drug Mart
Pharmacy
246 Memorial Dr
0.1 km
Pizza Delight
Restaurant
Memorial Dr
0.2 km
Donnini's Pizza & Donairs
Restaurant
Memorial Dr
0.2 km
Keyin College-Clarenville Campus
School
240 Memorial Dr
0.3 km
Keyin Collage Hair Salon
School
240A Memorial Dr
0.3 km
Canadian Tire
Convenience store
Manitoba Dr
0.3 km
Cabot PharmaChoice
Pharmacy
Manitoba Dr
0.3 km
College Of The North Atlantic
School
69 Pleasant
0.4 km
Needs Convenience
Convenience store
316 Memorial Dr
0.4 km
Debbie's Driving School
School
249 Memorial Dr
0.4 km
Clarenville Home Hardware Building Centre
Store
214 Memorial Dr
0.4 km
More Details?
NICK VINICOMBE
  • NICK VINICOMBE
  • Royal LePage Atlantic Homestead
  • 709-685-6425
  • WebSite

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