48 King Street, St. Andrews, New Brunswick, E5B 1Y3

$1,665,000

MLS® # NB034864

Commercial For Sale In Saint Andrews, St. Andrews, New Brunswick

$1,665,000

Property Information:

Please note!! It's business as usual + the current owners are looking forward to eventual retirement after many years of building this beautiful property into a successful restaurant + INN. Beautiful and well appointed European style rooms + suites. This is an exceptional opportunity for a new entrepreneur to immediately get out of the gate running with many years of goodwill + loyal returning guests. A chefs dream is the full commercial kitchen + sit up bar and a 60 seat dining room. Many recent renovations + upgrades make this an easy turnkey transition. Live right on the premises with a separate 3 rd floor owners unit. Currently adding another suite +plenty of further expansion space for rooms, spa, pool, etc. Detailed Professional drawings available for additional rooms & suites, Pool, Spa,and apartments!! In total there are currently seven beautiful and one suite with another scheduled to be completed in early 2021. but the potential of an additional Suites. This is an exceptional turnkey business opportunity and the futures of growth in the resort town of St Andrews are incredible. A confidentiality agreement and the ability to purchase must be signed prior to releasing any financials (id:27)

Building Features:

  • Style: Business
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Total Finished Area: 19000 sqft
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • Property Type: Business
  • Access Type: Year-round access
  • Amenities Nearby: Golf Course, Marina, Recreation Nearby, Park
  • Features: Golf course/parkland
  • Landscape Features: Partially landscaped
  • Lot Size: 13164 sqft +/-

Courtesy of: RE/MAX PROFESSIONALS SAINT JOHN INC. (S119)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos