218-224 Water Street St. Andrews, NB
$ 2,000,000
Property Attributes
  • ID#NB066513
  • TypeCommercial
  • CitySt. Andrews
  • Postal CodeE5B 1B4
  • StyleHotel/motel, Restaurant
  • Price$ 2,000,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10000
Listing Provided Courtesy Of:
Data Source:
Canadian Real Estate Association
Property Description

This famous historic Kennedy Inn & Suites has had extensive upgrades and renovations with today's modern amenities. New steel roof 2019 and many more upgrades! This exceptional Inn offers decades of good will, great income and exceptional long term management and staff! Full elevator service and multiple business opportunities. You are immediately out of the gate running earning income. An elegant foyer reception front desk will greet you leading to your choice of 23 units (furnished). A local favorite is the existing Shire Town Pub & Restaurant and if one desires would perfectly transition into a crowd pleasing micro brewery adding an incredible opportunity to generate even more additional income and clientele as it s perfectly set up to go. 2 separate dining rooms with 150 seat capacity, fully equipped modern commercial Kitchen offers on site full menu to all three dining areas and off site catering as well ie: wedding, conferences, etc. A separate 2 bedroom managers unit. Plus it includes the adjacent building with anchor tenants and additional income plus a future 2 bedroom 2 level unit overlooks the public wharf. The prime turn key business with exceptionally trained existing staff awaits you. Financials are only available to qualified buyers with signed confidentially agreement and a letter of ability to purchase commercial property in this price range. (id:7434)

General Features

Business Sub Type Hotel/motel, Restaurant
Business Type Accommodation, Restaurant
More Information Link https://www.realtor.ca/real-estate/23906216/218-224-water-street-st-andrews
Ownership Type Freehold
Property Type Other

Interior Features

Building Fireplace Present False
Building Heating Fuel Electric, Propane
Building Heating Type Baseboard heaters, Radiator

Exterior Features

Building Roof Material Metal
Building Roof Style Unknown


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in E5B 1B4