Commercial

39339 Cabot Trail , Ingonish

209-Victoria County / Baddeck
  • 11379 Total Fin Sq Ft
  • Age Of Building:29
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$ 2935000
Discover an exceptional investment opportunity on the iconic Cabot Trail with this successful hotel property, perfectly situated in the picturesque town of Ingonish. Boasting 18 well-appointed rooms across three floors, this property offers breathtaking views of the magnificent vista of Middle Head Peninsula, Atlantic Ocean and the mountain range of Cape Breton Highlands. Set on 4.7 acres of prime real estate, this hotel is strategically located at the base of Cape Smokey Mountain, making it the first business traveller's encounter upon entering Ingonish. Its prime location provides easy access to the renowned Ski Cape Smokey and world famous Highland Links golf course within the stunning Cape Breton Highlands National Park, ensuring a steady stream of visitors year-round. Proudly rated 4 stars by Canada Select, this hotel operates year-round, demonstrating its robust profitability and reliable performance. The on-site restaurant currently serves a daily breakfast buffet for up to 45 guests in a charming 40-seat dining room and at times the restaurant, doing business as Restaurant Avalon, is open for casual fine dining (lunch and dinner), presenting additional growth potential. The restaurant has served special events including meal services for up to 60 people. A wedding arbour is on site for wedding ceremonies. This property not only offers an established and profitable business but also promises future growth potential in the burgeoning Ingonish area. Embrace the chance to own a piece of Cape Breton’s beauty and continue the legacy of a thriving hospitality business with unrivalled views and a strategic location. For more information or to schedule a viewing at the Castle Rock Country Inn, contact your agent today and seize this unique opportunity!

Area Statistics

Listing Sub-Area:209-Victoria County / Baddeck
Property Type:Commercial
Residential Type:Business
Title To Land:Freehold
Year built: 1995
Age: 29
Square Footage:11379 SqFt (MLA)
Total Finished SqFt:11379 SqFt (TLA)
Building Dimensions:60x60+15x13+12x32
Zoning:N/A (TBC)
Lot Size/Sqft:257.93

Additional Info

Foundation:
Garage Description:Attached, wired, storage.
Parking Description:Gravelled, multiple parking spots. Accessible.

Waterfront

No

Other Details

Rental Income:Yes
Monthly Condo Fee:
Condo Fee Includes:
Condo Corporation Number:
Possession Info:To be negotiated

School Info

Elementary School:
Middle School:
High School:
French Imm Elementary School:
French Imm Middle School:
French Imm High School:
Listing Date: 2024-08-16
  • Status Active
  • Prop. Type Commercial
  • MLS® Num 202420169
  • Year build 1995

Area Statistics

Listings on market

25

Avg list price

$599,900

Min list price

$249,900

Max list price

$1,350,000

Avg days on market

9

$

Min days on market

1

Max days on market

46

Avg price per sq.ft.

$257.93

These statistics are generated based on the current listings property type and located in 39339 Cabot Trail , Ingonish. Average values are derived using median calculations. Get Market Change Alerts

SCHOOLS

Discover an exceptional investment opportunity on the iconic Cabot Trail with this successful hotel property, perfectly situated in the picturesque town of Ingonish. Boasting 18 well-appointed rooms across three floors, this property offers breathtaking views of the magnificent vista of Middle Head Peninsula, Atlantic Ocean and the mountain range of Cape Breton Highlands. Set on 4.7 acres of prime real estate, this hotel is strategically located at the base of Cape Smokey Mountain, making it the first business traveller's encounter upon entering Ingonish. Its prime location provides easy access to the renowned Ski Cape Smokey and world famous Highland Links golf course within the stunning Cape Breton Highlands National Park, ensuring a steady stream of visitors year-round. Proudly rated 4 stars by Canada Select, this hotel operates year-round, demonstrating its robust profitability and reliable performance. The on-site restaurant currently serves a daily breakfast buffet for up to 45 guests in a charming 40-seat dining room and at times the restaurant, doing business as Restaurant Avalon, is open for casual fine dining (lunch and dinner), presenting additional growth potential. The restaurant has served special events including meal services for up to 60 people. A wedding arbour is on site for wedding ceremonies. This property not only offers an established and profitable business but also promises future growth potential in the burgeoning Ingonish area. Embrace the chance to own a piece of Cape Breton’s beauty and continue the legacy of a thriving hospitality business with unrivalled views and a strategic location. For more information or to schedule a viewing at the Castle Rock Country Inn, contact your agent today and seize this unique opportunity!

SCHOOLS

4 tennis courts, 3 playgrounds and 5 other facilities are within a 20 min walk of this home.

SCHOOLS

Street transit stop less than a 2 min walk away. Rail transit stop less than 10 km away.
Listed by
RE/MAX Park Place Inc.
602 George Street Sydney , Nova Scotia B1P 1K9

Jeremy Snider

DOMUS REALTY
1 (902)476-7079
[email protected]

Calculate mortgage

$

5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421