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262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

MLS® # 1263788
Commercial For Sale In Clarenville, Newfoundland and Labrador
$1,400,000
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
262 Memorial Drive, Clarenville, NL
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MULTIMEDIA

ACTIVE
262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9
$1,400,000

Property Information:

Welcome to the beautiful and intimately run Family Motel known as the Restland along with The Galley restaurant & Wheelhouse Pub! A very rare & stellar investment opportunity to own a 25 unit turn-key newly renovated property catering to a diverse market of frequent guests, tourists & locals. Conveniently located in the heart of Clarenville: Gateway to historic Trinity, Bonavista, Terra Nova & the White hills; it's affluent location offers endless all season possibilities for fishing, skiing, snowmobiling, hiking, golfing & outdoor adventures. Each of the spacious guest rooms & self contained efficiency units are beautifully appointed offering the comforts & convenience of home. Restland has built a strong reputation for consistent repeat clientele due to its high level of unique personal service, authentic Newfoundland cuisine, entertainment, warm, welcoming & friendly atmosphere. At the restland you enjoy an experience and it's amazing reviews speak for themselves! (id:27)

Building Features:

  • Style: Retail
  • Building Type: Commercial Mix
  • Amenities: Air Conditioning, Laundry Facility, Living Accommodation
  • Floor Space: 15805 Square Feet
  • Flooring Type: Carpeted, Concrete Slab, Hardwood, Laminate, Flooring Type
  • Heating Fuel: Electric, Propane

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Access Type: Year-round access
  • Amenities Nearby: Recreation, Shopping
  • Fence Type: Partially fenced
  • Floor Space (approx): 15805.00 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Size: 266.63x144.12x121.55x126.34x27.78x152.49x297.08 IRR
  • Zoning: Comm.

Courtesy of: eXp Realty

REALTOR.ca 

Location of 262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Relatively Low

26 hot days expected in 2050

Projected Storm Risk: Very High

15 storms expected in 2050

Projected Heat Risk: Relatively Low

26 hot days expected in 2050

17/100

Relatively Low

ClimateCheck®

Current data

This property, 262 Memorial Drive , experiences 7 hot days per year at around 25.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 27.7 degrees Celsius.

Projected Avg. Temperature

Past
25.1℃
2050
27.7℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

15 storms expected in 2050

72/100

ClimateCheck®

Current data

This property, 262 Memorial Drive , experiences 11 significant 2-day storms per year, with about 361.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 473.5mm of precipitation per year.

Precipitation Per Storm

Past
361.8mm
2050
473.5mm

48-Hour Storms Per Year

Past
11
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 262 Memorial Drive, Clarenville, Newfoundland & Labrador, A5A 1N9

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$89,252.89

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.17 %

High school certificate or equivalent

29.33 %

Apprenticeship trade certificate/diploma

9.3 %

College/non-university certificate

32.49 %

University certificate (below bachelor)

2.66 %

University Degree

8.05 %

Commuter

Travel To Work

By Car

88.84 %

By Public Transit

0.0 %

By Walking

3.88 %

By Bicycle

0.0 %

By Other Methods

7.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.39 %

Houses

77.61 %

Own Vs. Rent