3457 Highway 3

Description

Located just outside the heart of Liverpool, the Transcotia Motel is an excellent investment opportunity for someone that has the imagination, motivation and drive. The Transcotia has been successfully owned and operated for 38 years by the same owner and holds so much potential for continued success in the future. The motel consists of 21 rooms that include 7750 sqft of living space 14 of these rooms are double in space and include a front and back entrance and 7 of the rooms are singles. As well, there is a 1100 sqft, 2 storey 2 bedroom living quarters. The motel also includes a 350 sqft laundry and utility area and a separate 1250 sqft restaurant with seating for 51, a full kitchen and liquor licence. The Transcotia Motel has had a long history of housing out of town contractors and the opportunities and unique possibilities for this business are endless. Included with the property are 8 commercial zoned acres that could lead to building more units or adding a 30+ site campground for which it already has been approved. Many upgrades to the motel were done in 2018 including electrical, plumbing and a new roof. As well, all of the double rooms are wired for heat pumps and 15 of the rooms were updated. The Transcotia Motel is located on a high traffic area, with Highway 103 only 3km away. It is also close to many spectacular beaches and the quaint town of Liverpool. If you are looking for an investment opportunity, this may be the gem that you are looking for. (id:56844)

Listing

MLS® number

202603677

Status

Active

Days On Market

243

Building

Year built

1960

Above grade

21,000 sq ft

Exterior

Wood frame, Concrete block

Features

Laundry Facility, Living Accommodation

Interior

Flooring

Concrete, Wood

Heating

Heat Pump, Baseboard heaters, Electric, Ductless

Cooling

Air Conditioned

Land

Lot size

8 acres

Parking

Type

Paved Yard, Parking Space(s)

Utilities

Water

Drilled Well

Business

Business type

Accommodation

Fees and taxes

Common interest

Freehold

Parcel number

70086053

Directions

From Hwy 103 take Exit 18 and proceed 3 km to the property on the left.