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Independent Living Facility In Newfoundland For Sale

St. John's, Newfoundland, Canada
Asking Price:
$500K - $1M (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

A former family owned motel. It is very well built, with a cathedral ceiling in the lobby. The building has 11,000 sq. ft. operating with 20 rooms. Situated on nearly 2 acres of level land set back from the main highway with a 35-foot-wide shared driveway,.

Coffee lounge with fireplace. Dining room with fountain. Quiet social lounge with a marine theme. Activity / games rooms. kitchen is fully equipped with stainless & propane appliances,

Hobart dishwasher & double-door refrigerator. The basement holds three deep freezers with plenty of shelving and storage. Recent renovations include new shingles, siding, flooring, a sprinkler system, a fire alarm system, a dry chemical exhaust hood, 400 amp electrical upgrade, a hot water boiler heating system, fan forced heaters in all rooms, and a 4-piece washroom with new vanities. All sleeping rooms are enclosed with 5/8-in. (interior double-walled) fire rated sheetrock.

New vinyl windows with egress. Solid fire rated doors with pass key locks, & metal door jambs. On-site utility shed with green house.

For more information, please contact inquire now!

Property Information

Real Estate:

Real Property Included

Location:

Bay Roberts

Business Operation

Competition / Market:

Avalon Peninsula trading area with 200,000 residents.

Reasons for selling:

Near retirement with health concerns

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Will assist with downpayment based on security

Furniture / Fixtures value:
$77,000 (CAD) - included in the asking price
Website:
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