253 Matthews Lane Active

Alberton,C0B1B0

$ 2585000

- Bed

- Bath

26000 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 26,000 sqft

Price per Sqft $99

Subdivision Alberton

MLS Listing ID 202407326

Originating Board Prince Edward Island Real Estate Association

Year Built 2024

Lot Size 15 Sqft

Acres 15.55

Property Description

Briarwood Coastal Cottages and Lodge in Western PEI is a turn-key hospitality investment nestled amid unspoiled natural beauty. This property offers a unique blend of comfort, luxury, and versatility with panoramic views of Dock River, promising steady income and growth potential. Briarwood offers 6 housekeeping cottages, 8 overnight rooms, and 8 one-bedroom kitchen suites. The recently renovated cottages combine modern comfort with a homely touch. With 22 rental units in total and a large, well-furnished seven-bedroom house on site, Briarwood is perfectly equipped to welcome a wide array of guests year-round.The upgraded banquet hall on-site can accommodate up to 60 guests for events ranging from corporate meetings to weddings, enhanced by renovated kitchens, new banquet chairs, and modern amenities. Liquor and food premise licenses add to its revenue-generating capabilities. Set on a +15 acre lot, with 8 acres primed for new lodging development or subdivision into waterfront lots, there's significant expansion potential. The property includes approximately 5,000 SF of warehouse space for operational needs. Guests enjoy modern amenities such as high-speed internet, satellite TV, air conditioning, and pet-friendly options. The exemplary exterior grounds, a recipient of the PEI Beautification Society Tourism Award, feature two new lodge decks, solar lighting, recognized as one of Canada's Historic places Additional assets include a 24-hour outdoor security surveillance system, a 2021 18' pontoon boat, a 2019 John Deere tractor, and everything you need for a seamless transition of operations. Located near Alberton, Briarwood benefits from proximity to dining, shopping, and outdoor activities like golf and hiking. Supported by a strong community rapport, memberships in various tourism and business organizations, exceptional reviews, and an established online presence, Briarwood is a premier choice for investors seeking a profitable and reputable hospitality business. (id:24570)

Interior

Flooring Other

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

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