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$160,000 - 10 Station Road, St. George's , Newfoundland, Canada

Property Information:

Price: $160,000
Location: 10 Station Road, St. George's
Bedrooms: 7
Bathrooms: 6
Square Footage: 5500
 

Contact Information:

Name: Cal White
Phone: 709-649-1980
Phone (Other):

Send an Email to this Person:
addxweb@hotmail.com
 

Details:

Offering for sale real property in St. George's, western Newfoundland. Successfully operated as a Canada Select B&B since 2001. Main floor has commercial kitchen with indoor seating for 24 and private patio dining for 10-12 more. 5 rental rooms (one has ensuite) 2 three piece baths for rooms guests and 2 public restrooms for restaurant traffic. Basement has a 2 bedroom apartment with private entrance, a recroom with powder room, laundry and storage. Other features outside include covered front veranda ,private fenced back yard, under rear patio storage shed, RV Dumping and ample parking. The 1 acre lot can be further developed to include RV parking or cabins which are in high demand. Neighbour has expressed interest in buying some portion of property. This facility is just 5 kms off the TCH, literally 25 feet from the Newfoundland T'Railway and less than a quarter mile from the ocean (Isn't everything on the rock?). Property can be operated status quo as a tourist lodge or used as a private home, a retirement home, daycare, office space, pub, apartments or other. This is a 6 figure opportunity and progressive owners can do 200k annually here. Presently, the owners have great success as a boarding house offering room and board to the regions busy construction industry. This season's forecast is positive and already underway. Business has also done well as an Atlantic Salmon fishing destination. This sale will include all furniture and equipment,freezers, beds and linens, kitchen equipment right down to the utensils ! The place needs roof repairs (not full shingle job) and a splash of paint in some rooms, since nothing has changed here in ten years, and this has all been considered in the low, low pricing. Present owners are prepared to mentor new owners. Busy careers do not warrant being at this any more. Kids are on the mainland. After ten successful years we have other priorities now and this great opportunity is here for the right people.