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Investment Opportunity: Unique Multi use Condo including vacant land, Motel and Restaurant An incredible multi-unit condominium nestled in a park-like sanctuary just 25 minutes from Sydney, offering a one-of-a-kind opportunity for investors. Features: Rustic Restaurant & Banquet Room: A 3184 sq ft restaurant boasting a cozy ambiance, complete with a large banquet room featuring a bar and open fireplace for special events. The outdoor area offers seating and an open fire cowboy grill. Newly Renovated Motel: Two fully furnished units with outdoor decks, equipped with all amenities. Vacant Lots: Eight vacant lots, including one waterfront lot, ready for development. All lots have power and are connected to the central septic system. Water Access & Recreational Area: Enjoy direct access to the Mira River, leading into the ocean. A beautiful recreational area with a wharf and boat launch offers opportunities for outdoor activities. Location Advantages: Scenic Location: A park-like sanctuary with water access, offering a serene retreat for guests. Proximity to Amenities: Just 25 minutes from Sydney, with access to extensive infrastructure including hospitals, restaurants, banks, a university, cinema, shopping mall, and a small airport. Marion Bridge, with a gas station and convenience store, is only 10 minutes away. Nearby Attractions: Louisburg, home to the renowned Fortress of Louisbourg National Historic Site, is only a 30-minute drive away. Investment Potential: With the current state of the housing market, this property presents a smart choice and a great opportunity for investors. Options for further development are abundant, making it a perfect location to develop rental units or explore other ventures.Seize the chance to invest in this unique condo with endless potential. Whether you're looking to expand the restaurant, enhance the motel experience, or develop the vacant lots, property offers a multitude of possibilities for growth and profit. (id:2494)


Property Details

ID: 26817997

Ammenities Near By: Shopping, Water Nearby

Location Description: Take the exit onto Alexandra St/Gabarus Hwy/NS-327,take the 2nd exit onto Alexandra St/Gabarus Hwy/NS-327 Continue straight onto Grand Mira South Rd ,Destination is on the right

Price: 1,250,000

Transaction Type: For sale

View Type: River view

Water Front Type: Waterfront on river

Building

Age: 26 years

Amenities: Air Conditioning, Laundry Facility

Construction Material: Wood frame

Cooling Type: Heat Pump

Flooring Type: Wood

Total Finished Area: 4016 sqft

Land

Size Total: 1.4544 ac

Size Total Text: 1.4544 ac

Acreage: TRUE

Amenities: Shopping, Water Nearby

Land Disposition: Cleared

Size Irregular: 1.4544

Business

Business Type: Accommodation, Restaurant

Business Sub Type: Hotel/motel, Restaurant

Parking

Name: Gravel

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Property
• Home size: 4,016 ft² / 373.10 m²
• MLS: 18653-202408661
• Status: Active

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