1441 Manawagonish Road, Saint John

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:6289)

Essential Information

Listing #NB131330

Price$2,100,000

Bathrooms0.00

Square Footage10,700

Acres1.38

TypeOther

Sub-TypeFreehold

Community Information

Address1441 Manawagonish Road

CitySaint John

ProvinceNew Brunswick

Postal CodeE2M3X8

Amenities

AmenitiesPublic Transit, Shopping

Interior

HeatingElectric Baseboard heaters

CoolingCentral air conditioning

Exterior

ExteriorOther

Exterior FeaturesLandscaped

Listing Details

OfficeKeller Williams Capital Realty