$389,900
Norris Arm
490 A Gillingham Avenue, Norris Arm, Newfoundland & Labrador, A0G3M0
This retail property in Norris Arm is for sale. It has been on the market 142 days, fresher than the Norris Arm average of 196 days.
Exceptional investment opportunity with endless potential. This well-maintained oceanfront property features a total of six buildings, including three fully furnished cabins and two additional buildings containing five efficiency rental units. The three cabins include two 2-bedroom, 1-bath units and one charming 1-bedroom, 1-bath cabin, currently operated as the popular honeymoon suite. This cozy retreat features a relaxing jacuzzi tub and separate stand-up shower, making it an attractive option for couples seeking a romantic getaway. The two efficiency-unit buildings offer five additional rental accommodations, including two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Unit #3 is fully wheelchair accessible, providing comfortable accommodations for guests with mobility needs. Each rental unit comes fully furnished and equipped with cable TV, Wi-Fi, BBQs, and everything needed to operate a successful nightly rental business. Guests also have access to an on-site laundry facility, while two fully serviced RV hookups provide additional income potential for campers and RV travelers. Perched overlooking the ocean, these accommodations offer breathtaking views and spectacular sunsets. Outdoor enthusiasts will appreciate being just steps from the Trans-Canada Trail, providing direct access to extensive ATV and snowmobile trail networks that stretch throughout the region. All cabins and units are up to date, exceptionally maintained, and in excellent condition. Whether you're looking to expand an existing hospitality business or start a new venture, this property offers tremendous opportunity for future growth and development. Don't miss your chance to own this unique income-generating property. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 142 days on market, against an average age of 196 days across the listings currently for sale in this city
This retail in Norris Arm has been listed for 142 days, which is 54 days fresher than the city average of 196. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →No similar listings for sale right now.