50
$1,499,000 Sale
Listed 1 day
518 Highway 1
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Key Facts
Key facts for 518 Highway 1
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
202627905
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
Hospitality Investment Opportunity in Yarmouth! An excellent opportunity to own and operate an established motel in a convenient location just minutes from downtown Yarmouth and the Yarmouth ferry terminal. This hospitality property features 17 motel rooms, a duplex, and two separate cottages, offer...ing a variety of accommodation options for guests. The property also includes comfortable two-bedroom living quarters for an owner or manager, making it ideal for someone looking to live on-site while overseeing day-to-day operations. Several units have benefited from flooring updates, and the motel and duplex roofs were re shingled in 2022. With its convenient location and multiple accommodation options, this property offers exciting potential for an owner-operator or hospitality investor. A great opportunity to step into the hospitality industry and make this established property your own! (id:10452)
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Listing courtesy of: RE/MAX Banner Real Estate(Yarmouth)
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