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16 TRANS CANADA Highway, Cornwall, Prince Edward Island, C0A1H0
$1,350,000 - For sale
Conveniently located on the North River causeway on the inbound side to Charlottetown, on the busiest highway in PEI. Only 5 minutes to shopping and less than a 25 minute drive to major tourist attractions. Motel features 15 newly renovated units, 8 of which are housekeeping with full kitchens. Other units are equipped with either two double beds or one queen size, microwave and mini refrigerator. A great opportunity for an investor who is looking to own a business that operates year round and generates stable income. Property has just been renovated/upgraded: new roof, new boilers, new bathroom faucets, new electric circuit boards, new decks. 2 bedroom apartment has been added which can ideally accommodate a family of 4. New computer software has been implemented. Entire motel is equipped with a high resolution security camera system. High speed fibreoptic internet connection with state of the art computer equipment provides a strong wireless signal to every room. Digital cable with separate set top box and flat screen LED tv in each room. There are many more great features. Share sale only. Listing Agent is related to Vendor. No PCDS, property being sold 'as is where is'. (id:2471)
- Property Type:Other
- Acreage:1/2 - 1 acre
- Water Type:Municipal water
- Access:Highway access
- Building Age:1977
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.