4487 2 Highway, Cross Roads, (MLS® 202501285) RE/MAX nova
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4487 2 Highway, Cross Roads

0 0 3036 sqft
$949,000 Pending

Description

Well known, profitable and established Inn located just outside the seaside community of Parrsboro. This seasonal business in addition to the 3+2 bedroom owner's bungalow with double attached garage and separate commercial kitchen, dining areas and washrooms, offers 11 updated motel rooms and 4 cabins in various configurations. On site laundry facility centrally located for housekeeping duties. Spread out over the more than 54 acre parcel is approximately 35 acres of woodland,10.5 acres of wetlands, 4.5 acres of blueberries and 5 acres of landscaped lawn, driveways, parking, and buildings. Enjoy the crystal clear water of the lake located on this property where you can quietly kayak, canoe or swim in the calm waters of this secluded body of water. Operating typically from mid April to the end of October allowing the owners to recuperate and focus on other interests during the closed season. This would make a great investment for a multi-family or for those looking for a rewarding lifestyle change. A short drive to the friendly, quiet community of Parrsboro which offers many amenities as well as multiple venues for your guests to enjoy during their stay. The owner's residence was built in 1990 with dining room addition being added in 2018, the 8 unit motel in 1967, the 3 unit motel and 4 cabins were built between 2003 - 2004.

Listing Details

Address
4487 2 Highway, Cross Roads, B0M 1S0

Status
PENDING
Listing Price
$949,000
MLS®
202501285
Type
n/a
Style
---
Age
35
Square Footage (MLA)
1,392  ft2
Total Fin SqFt (TLA)
3,036  ft2
PID
25199613

Water
Drilled Well
Sewer
---
Utilities
Cable,Electrical,Septic,Telephone

Building Specifications

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

Garage & Parking

Garage
Y
Details
Double attached with power

Inclusions & Exclusions

Inclusions
All furnishings, fixtures and contents pertaining to the business of The Sunshine Inn
Exclusions
Personal contents found within the owner's home and the yard tractor and implements.

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

340

Median Age

61.7

Avg Household Size

1.9

Avg House Income

$66K

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 $684,500 ---
2023 $625,900 ---
2022 $495,800 ---
2021 $493,700 ---
2020 $499,200 ---
2019 $492,100 ---
2018 $496,300 ---
2017 $455,900 ---
2016 $456,300 ---
2015 $438,200 ---
2014 $897,000 ---
2013 $443,000 ---
2012 $433,800 ---

Maps

Last Updated On: 4/1/2025 1:48:02 PM (UTC)
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