16537 Cabot Trail Road, Chéticamp - Business for Sale

Description

Strategically positioned as the Gateway to the Highlands, the Cornerstone Motel offers an unparalleled investment opportunity located directly on the world-famous Cabot Trail, less than a one-minute drive from the western entrance of the Cape Breton Highlands National Park and the recently refurbished Chéticamp Visitor Centre. This turn-key hospitality asset features 17 renovated motel rooms with a proven track record of excellence (4.9/5 guest rating), situated on a tranquil property offering private walking trails along the Chéticamp River and direct access to world-class fly-fishing. A significant value-add component is the propertys fully equipped, 3,128 sq. ft. recently renovated restaurant and event hall, though currently dormant, this space is primed for immediate activation to capture the massive influx of visitors to the region. There were 468,000 room nights sold in fixed-roof accommodations (such as motels, hotels, and inns) across Cape Breton in 2025. Over 201,000 cruise passengers explore the island annually. The region maintained an average occupancy rate of 54% for the year, peaking at 80% in August. For broader provincial context, the total number of visitors to Nova Scotia as a whole in 2025 was 2,124,000. Complementing the commercial assets is a modern three-bedroom residential home, ideal for a live-work lifestyle or on-site management. With global hotel searches in Canada increasing by 40 percent year-over-year and Cape Breton Island consistently ranked as the number one Island in Canada, the Cornerstone Motel is a premier acquisition for investors looking to own a cornerstone of one of the World's Most Beautiful Drives. (id:66096)

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