3457 Highway 3, Brooklyn, NS B0J 1H0

$1,699,500
21,000
SqFt

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List Price
$1,699,500
Status
ACTIVE
MLS#
202603677
Living Area
21,000
Lot Size (Acres)
8
Year Built
1960

Property 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.

Additional Information

Area
South Shore
Building Features
Laundry Facility, Living Accommodations
Features
Laundry Facility, Living Accommodations
Flooring
Concrete, Wood
Exterior Finish
Block, Wood Frame
Parking Features
Circular Driveway, Parking Spaces(s), Paved
Roof
Other
Utilities
Electric, Cable Connected, Electricity Connected, Phone Connected
Water Source
Drilled Well
Sewer
Septic Tank
Zoning
Commercial

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Reid Real Estate.