$2,000,000

218-224 Water Street
St. Andrews, New Brunswick E5b1b4
MLS® Number: NB066513

This famous historic Kennedy Inn & Suites has had extensive upgrades and renovations with today's modern amenities. New steel roof 2019 and many more upgrades! This exceptional Inn offers decades of good will, great income and exceptional long term management and staff! Full elevator service and multiple business opportunities. You are immediately out of the gate running earning income. An elegant foyer reception front desk will greet you leading to your choice of 23 units (furnished). A local favorite is the existing Shire Town Pub & Restaurant and if one desires would perfectly transition into a crowd pleasing micro brewery adding an incredible opportunity to generate even more additional income and clientele as it s perfectly set up to go. 2 separate dining rooms with 150 seat capacity, fully equipped modern commercial Kitchen offers on site full menu to all three dining areas and off site catering as well ie: wedding, conferences, etc. A separate 2 bedroom managers unit. Plus it includes the adjacent building with anchor tenants and additional income plus a future 2 bedroom 2 level unit overlooks the public wharf. The prime turn key business with exceptionally trained existing staff awaits you. Financials are only available to qualified buyers with signed confidentially agreement and a letter of ability to purchase commercial property in this price range. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Other
  • Square Footage N/A
  • Total Finished Area 10000 sqft
  • Built In N/A
  • Exterior Finish N/A
  • Heating Electric, Propane Baseboard heaters, Radiator
  • Title N/A
  • Rental Equipment Other
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring N/A
  • Type N/A

Land Properties

  • Lot Size 17771.0000
  • Access Type Year-round access
  • Water N/A
  • Features N/A
  • Sewer N/A

Property Map