13 Parade Street, Yarmouth, (MLS® 202512778) REMAX NOVA
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13 Parade Street, Yarmouth

0 sqft
$775,000 For Sale

Description

Investment opportunity! Welcome to the Mid-Town Motel. This 31-room motel is centrally-located near the Yarmouth downtown core, Heritage District and just minutes to the international ferry terminal to the USA! Originally a heritage home, this property has been added onto over the years. Sitting on a large corner lot, there are three entrances and two paved parking areas. The main building features an office / reception area, two 2-piece washrooms, large laundry, mud room, large kitchen with lots of prep space, a large wood-panelled dining room with original wood features and a large front sitting room with fireplace offering a common area for guests to spend time. A grand staircase takes you to the second level with 4 large guest suites, two with individual bathrooms. Towards the back of the house upstairs, you will find 6 small boarding rooms with a shared bathroom. There are 2 bachelor suites downstairs. The newer motel additional, contains 19 motel rooms on two levels which all feature their own bathroom. Many of these rooms are up to date with recent renovations, while some still require some TLC. 9 of the motel rooms are currently rented with full-time tenants. Recent upgrades include: Upgrading the sprinkler system up to fire code, plumbing upgrades, new hot water tanks, new oil tanks, electrical panels and new railings on the motel decks. New fire escape and new balcony stairs and new roof shingles completed June 2023. This property has a lot of potential for those looking for a live-in business with room to grow. This may be the opportunity you have been waiting for!

Listing Details

Address
13 Parade Street, Yarmouth, B5A 3A5

Status
ACTIVE
Listing Price
$775,000
MLS®
202512778
Type
n/a
Style
---
PID
90207150

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete,Stone
Roof
Asphalt Shingle
Exterior Finish
---
Flooring
Carpet,Laminate,Vinyl,Other

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Garage & Parking

Garage
N
Details
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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

483

Median Age

45.8

Avg Household Size

1.9

Avg House Income

$74K

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 $400,000 ---
2023 $275,300 ---
2022 $275,300 ---
2021 $323,900 ---
2020 $317,600 ---
2019 $314,500 ---
2018 $314,500 ---
2017 $357,100 ---
2016 $350,100 ---
2015 $350,100 ---
2014 $350,100 ---
2013 $219,500 ---
2012 $222,600 ---

Maps

Mortgage Inquiries

Last Updated On: 6/2/2025 10:34:55 PM (UTC)
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