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1441 Manawagonish Road Saint John, New Brunswick E2M 3X8

10700 sqft
Central Air Conditioning Baseboard Heaters Acreage Landscaped

$2,100,000

This award-winning, 31-unit franchise motel offers a turnkey investment opportunity in Saint John, New Brunswick, a city currently experiencing record-breaking tourism growth. Located in a region named by CNN as one of the world's top travel destinations for 2024, the property is perfectly positioned to capitalize on Saint John's surging popularity. Discover a rare gem in the hospitality market with the Econo Lodge Inn & Suites, a highly profitable and meticulously maintained 31-unit motel. Situated on a sprawling 200' x 350' lot on the prestigious West Side of Saint John, this property offers breathtaking, elevated views overlooking the world-famous Bay of Fundy. It features various amenities and has undergone recent upgrades. The motel operates under a recognizable franchise brand of Choice Hotels. All rooms have refrigerators , microwaves, coffee pots and USB ports and 13 of the rooms are kitchenette units (microwave, refrigerator and sink). There are 31 rooms with a total of 41 beds. Many upgrades have been done and the rooms are spacious and bright. This property benefits from exceptional exposure on two of the city's highest-traffic arteries. It is ideally located just minutes from major attractions like the Reversing Falls Rapids, Irving Nature Park, and the Nova Scotia ferry terminal. This is a premier opportunity for a savvy investor or owner-operator to acquire a high-performing asset in one of New Brunswick's most scenic and accessible commercial hubs. (id:49203)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number NB131330
Property Type Other
Amenities Near By Public Transit, Shopping
Road Type Paved Road
Water Front Name Bay Of Fundy

Building

Cooling Type Central Air Conditioning
Exterior Finish Other
Fire Protection Smoke Detectors, Sprinkler System-fire, Alarm System
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 10700 Sqft
Total Finished Area 10700 Sqft

Land

Access Type Year-round Access, Highway Access, Road Access, Public Road
Acreage Yes
Land Amenities Public Transit, Shopping
Landscape Features Landscaped
Size Irregular 5582
Size Total 5582 M2
Size Total Text 5582 M2

https://www.realtor.ca/real-estate/29198943/1441-manawagonish-road-saint-john

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Winston D'souza
Salesperson

(506) 607-9736

Keller Williams Capital Realty
150 Edmonton Avenue, Suite 4b
Moncton, New Brunswick E1C 3B9

(506) 383-2883
(506) 383-2885
www.kwmoncton.ca

Brian Keirstead
Broker Manager

(506) 866-6079

Keller Williams Capital Realty
150 Edmonton Avenue, Suite 4b
Moncton, New Brunswick E1C 3B9

(506) 383-2883
(506) 383-2885
www.kwmoncton.ca