Listing Details

Status
ACTIVE
Listing Price
$1,350,000
MLS®
201801862
Type
n/a
Style
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Age
12
Square Footage (MLA)
1,575  ft2
Total Fin SqFt (TLA)
1,575  ft2
PID
70054929

 
Water
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Sewer
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Utilities
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Overview

Very rare opportunity to purchase a turn-key oceanfront cottage business that has operated successfully since 1949. 280 feet of white sand on the South Shore’s warmest beach. Consists of a lovely winterized Owners' Residence plus 12 units - 10 cottages (5 two-bedroom units, 5 one-bedroom units); Executive Suite, Junior Suite, Main Office and Garage/Workshop. Buildings have all been well maintained. All cottages are fully insulated and were totally re-built in early 2000s. Main house constructed in 2005; open-concept with 2 bedrooms, 1.5 baths and fireplace. Main building (office and suites) built in 2004; fully winterized with oil heat; additional rental income over winter months, or owner could move in. It is impossible to overstate the significance of this location and its importance as a vacation destination for almost 70 years. It is located in the high-traffic corridor between two world-class resorts - The Quarterdeck Restaurant on Summerville Beach and White Point Beach Resort (golf course, dining, surfing and other amenities). Short drives to several other beaches and attractions as well. Beach is owned to the high water mark. There are several options available to a buyer. Year-round operation is achievable with some upgrades to cottages. The maturing tourism industry has led most operators in the area to being open year-round. Alternatively, one could make this property a sole, private residence – the cottages can be sold and moved. Financial statements available to qualified buyers and upon signing a legally binding confidentiality agreement. Close access to Hwy 103. About 90 minutes to Halifax or International Airport.EX#91364

Building Specs.

Foundation Type
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Roof
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Exterior Finish
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Flooring
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RE/MAX Commercial

Garage & Parking

Garage
Y
Details
Detached

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, 2017


Population Size

369

Median Age

59.0

Avg Household Size

2.1

Avg Household Income

$70K

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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.

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Tax Assessment

Year Amount % Change
2018 $575,900 0.8
2017 $580,500 3.5
2016 $601,400 1.9
2015 $590,300 64.5
2014 $1,661,800 100.8
2013 $827,400 3.6
2012 $858,100 ---

Maps


Last Updated On: 8/22/2019 3:19:40 PM (UTC)