48 King Street, Saint Andrews, New Brunswick

For Sale

$1,665,000 CAD
$1,665,000 CAD
  • 19,000 Sqft
  • Business
Open House
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Property Summary for 48 King Street

Type
Business
MLS® Number
NB034864
Postal Code
E5B1Y3

Description for 48 King Street

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:1937)
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Features for 48 King Street

Heating
  • Baseboard heaters
  • Electric
Building Features
  • Rental Equipment: Water Heater
  • Features: Golf course/parkland
Lot Features
  • Partially landscaped
Roof
  • Asphalt shingle
Amenities
  • Golf Course
  • Marina
  • Recreation Nearby
  • Park

Mortgage rate comparison for 48 King Street top

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JIM KNOX

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