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Established Motel & Apartment Rental Business

With a rare 10 acres just outside the historic town of Lunenburg, this property will give you both, a home and a living. There are six fully equipped family suites for daily, weekly, or monthly rental. There are nine motel rooms to keep up with peak season's demands. And in the back row there are five bachelor's suites, that can be rented out on a monthly basis year-round. The main house with its five bedrooms, five bathrooms, and reception office can either be a spacious family residence or a B&B. Smack-dab on Highway 3, a.k.a. the Lighthouse Route, the motel receives a steady flow of travelers May through October. It has very good reviews all over the web and many returning customers. The current buildings take up only about 2/3 of the property, which leaves room for further development. The purchase of this business might qualify the eligible foreign buyer for immigration. Adjacent vacant lot PID 60052362 included. Financial statements are available.

Asking price 
$1,400,000  $1,104,040 USD* - £829,360 GBP* - €931,840 EUR*
Tradewinds ID# - 9779
MLS  # - 201610429
PID# - 60052388
167 Victoria Road, Lunenburg, Lunenburg County
Susanne Schwalbach
Susanne Schwalbach
Tradewinds Associate
C: 902-247-0877
* denotes required fields
Mary Stocks
Mary Stocks
Tradewinds Associate
C: 902-553-0113
* denotes required fields

Property Information

  • Approx Building Age:
  • 160
  • Lot Size ±:
  • 10 Acres
  • Assessment:
  • $752,100
  • Sewer:
  • Municipal
  • Water:
  • Municipal
  • Zoning:
  • Commercial/Residential
  • Heating:
  • Electric
  • Garage/Other:
  • Detached with workshop

Remarks

Inc: all chattels, appliances, and linens in the apartments, the motel units and the family suites.
Ex: chattels in main house.

Directions

Highway 3 from Lunenburg heading to Bridgewater, just past the Independent Store.