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Renanza Realty
For sale

3457 Highway 3

Brooklyn, Nova Scotia

MLS® 202603677

$1,699,500

Status
Active
Property type
Business
MLS® number
202603677
Bedrooms
Bathrooms
Year built
1960

Listing description

Located just outside the heart of Liverpool, the Transcotia Motel is an excellent investment opportunity for someone that has the imagination, motivation and drive. The Transcotia has been successfully owned and operated for 38 years by the same owner and holds so much potential for continued success in the future. The motel consists of 21 rooms that include 7750 sqft of living space 14 of these rooms are double in space and include a front and back entrance and 7 of the rooms are singles.

As well, there is a 1100 sqft, 2 storey 2 bedroom living quarters. The motel also includes a 350 sqft laundry and utility area and a separate 1250 sqft restaurant with seating for 51, a full kitchen and liquor licence. The Transcotia Motel has had a long history of housing out of town contractors and the opportunities and unique possibilities for this business are endless.

Included with the property are 8 commercial zoned acres that could lead to building more units or adding a 30+ site campground for which it already has been approved. Many upgrades to the motel were done in 2018 including electrical, plumbing and a new roof. As well, all of the double rooms are wired for heat pumps and 15 of the rooms were updated.

The Transcotia Motel is located on a high traffic area, with Highway 103 only 3km away. It is also close to many spectacular beaches and the quaint town of Liverpool. If you are looking for an investment opportunity, this may be the gem that you are looking for.

Property summary

MLS® number
202603677
Property type
Business
Title
Freehold
Land size
8 acres
Built in
1960
Parking
Paved Yard, Parking Space(s)
Days on market
185 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Ductless
Cooling
Air Conditioned
Flooring
Concrete, Wood

What would this home cost you?

Based on the $1,699,500 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,908 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Reid Real Estate, Upper Lahave.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.