1441 Manawagonish Road Saint John, New Brunswick E2M 3X8
$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:41243)
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 |
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 | 10,700 Ft2 |
| 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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