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262 Memorial Drive
262 Memorial Drive
NEW
Clarenville, Newfoundland & Labrador
$799,000
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Quick Summary
Location
Clarenville, Newfoundland & Labrador
Price
$799,000
Building Type
Other
Property Type
Business
Status
For sale
Area
15000 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A5A 1N9
MLS®
1280732
Courtesy Of
Royal LePage Atlantic Homestead
Database ID:54765 DDF Feed ID: 27779935 Latitude: 48.160474 Longitude: -53.968955
Property Description
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:47053)
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I would like more information about 262 Memorial Drive, Clarenville, listed for $799,000.
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Building Information
Building Type: Other
Area: 15000 sqft
Baseboard heaters
Electric, Propane Heat
Flooring: Carpeted, Ceramic Tile, Hardwood, Laminate
Full Details
General
MLS® Number:
1280732
Equipment Type:
Propane Tank
Ownership Type:
Freehold
Price:
$799,000
Property Type:
Business
Rental Equipment Type
Propane Tank
Transaction Type:
For Sale
Zoning Description:
Commercial
More Information Link:
https://www.realtor.ca/real-estate/27779935/262-memorial-drive-clarenville
Land
Size Total Text:
1 - 3 acres
Access Type:
Year-round access
Acreage:
true
Amenities:
Shopping
Building
Building Amenities:
Balconies, Air Conditioning, Living Accommodation
Constructed Date:
1960
Flooring Type:
Carpeted, Ceramic Tile, Hardwood, Laminate
Heating Fuel:
Electric, Propane
Heating Type:
Baseboard heaters
Size Interior:
15000 sqft
Type:
Other
Listing information last updated on 2025-05-27 12:12:54 -0230
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