FOR SALE by Owner – Moncton New Brunswick area motel and restaurant. Property includes a motel with 14 rooms and 3 one bedroom apartments, a detached family style restaurant, on 5+ acres of land.
Motel and restaurant are open year round. Restaurant offers dining or takeout service. Restaurant building is part of the sale, not the restaurant business. Restaurant building is leased out to a neighbor and she operates the restaurant business. The monthly lease income can help pay the mortgage.
inside Country View Restaurant
11 of the 14 motel rooms were recently renovated with new ceramic tile bathrooms with all new toilets, vanities and custom ceramic and/or porcelain tile shower stalls and floors. 3 of 14 rooms have been newly repainted and repaired. 2 apartments renovated. Majority of renovations included upgrading bathrooms with porcelain tile floors, ceramic tile walls, new custom built shower stalls, new toilets, new vanity and repainted walls in bedrooms.
6 of the 14 rooms have a back door. Exits to back of building. Large yard and mini forest in back of motel. Mini forest is part of the motel property.
Motel and restaurant are located just west of Moncton NB on Homestead Rd. Homestead Rd use to be part of the Trans-Canada highway.
A number of new subdivisions have been built and are being built just a few minutes walk from the motel. Newer homes built recently in the vicinity of the motel. Building lots for sale across the street. New home built on one of the lots.
Country setting. Quite neighborhood. Minutes away from major shopping centers, parks, golf courses, schools, colleges, arenas, an international airport and 2 industrial parks.
New owner can move in immediately after purchasing motel and live on site in one of the 3 apartments. Apartment 1 is already fully furnished. In the future, instead of having to pay for another mortgage to buy a house nearby the new owner could convert the restaurant into a home. Restaurant parking lot could be made into a front lawn.
Another option for new owner is to build a house in the woods out back. Previous owner had NB Power run a power line to a hydro pole in the woods for that purpose. Lots of potential.