For Sale – Country View Motel and Restaurant

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$1,200,000

Moncton New Brunswick area motel and restaurant is for sale. Property includes a motel with 14 rooms and 3 one bedroom apartments, a detached family style restaurant, and 5+ acres of land. New owner can live on site in one of the 3 apartments.

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.

9 of the 14 motel rooms were recently renovated. 2 apartments renovated. 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 is being 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.

 

Motel security camera system view of detached restaurant

47379 Homestead Rd Steeves Mountain NB E1G 4J8,New Brunswick