39339 Cabot Trail, Ingonish, (MLS® 202420169) RE/MAX nova
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39339 Cabot Trail, Ingonish

0 0 11379 sqft
$2,935,000 For Sale

Description

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!

Listing Details

Address
39339 Cabot Trail, Ingonish, B0C 1L0

Status
ACTIVE
Listing Price
$2,935,000
MLS®
202420169
Type
n/a
Style
---
Age
29
Square Footage (MLA)
11,379  ft2
Total Fin SqFt (TLA)
11,379  ft2
PID
85107811

Water
Well
Sewer
---
Utilities
Electrical,Septic,Underground Wiring,Well

Building Specifications

Foundation Type
---
Roof
Asphalt Shingle
Exterior Finish
---
Flooring
Wood
RE/MAX Commercial

Garage & Parking

Garage
Y
Details
Attached, wired, storage.

Inclusions & Exclusions

Inclusions
Turn key. All furnishings, appliances, kitchen equipment.
Exclusions
Personal belongings of the seller.

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

354

Median Age

54.8

Avg Household Size

2.3

Avg House Income

$82K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $763,600 ---
2023 $423,900 ---
2022 $423,900 ---
2021 $453,700 ---
2020 $446,300 ---
2019 $446,300 ---
2018 $425,000 ---
2017 $409,600 ---
2016 $397,700 ---
2015 $397,700 ---
2014 $373,300 ---
2013 $368,300 ---
2012 $345,800 ---

Maps

Last Updated On: 8/29/2024 10:16:38 AM (UTC)