253 Matthews Lane Alberton, Prince Edward Island C0B 1B0

26,000 ft2
Waterfront On River Acreage

$2,585,000

Briarwood Coastal Cottages and Lodge in Western PEI is a turn-key hospitality investment nestled amid unspoiled natural beauty. This property offers a unique blend of comfort, luxury, and versatility with panoramic views of Dock River, promising steady income and growth potential. Briarwood offers 6 housekeeping cottages, 8 overnight rooms, and 8 one-bedroom kitchen suites. The recently renovated cottages combine modern comfort with a homely touch. With 22 rental units in total and a large, well-furnished seven-bedroom house on site, Briarwood is perfectly equipped to welcome a wide array of guests year-round.The upgraded banquet hall on-site can accommodate up to 60 guests for events ranging from corporate meetings to weddings, enhanced by renovated kitchens, new banquet chairs, and modern amenities. Liquor and food premise licenses add to its revenue-generating capabilities. Set on a +15 acre lot, with 8 acres primed for new lodging development or subdivision into waterfront lots, there's significant expansion potential. The property includes approximately 5,000 SF of warehouse space for operational needs. Guests enjoy modern amenities such as high-speed internet, satellite TV, air conditioning, and pet-friendly options. The exemplary exterior grounds, a recipient of the PEI Beautification Society Tourism Award, feature two new lodge decks, solar lighting, recognized as one of Canada's Historic places Additional assets include a 24-hour outdoor security surveillance system, a 2021 18' pontoon boat, a 2019 John Deere tractor, and everything you need for a seamless transition of operations. Located near Alberton, Briarwood benefits from proximity to dining, shopping, and outdoor activities like golf and hiking. Supported by a strong community rapport, memberships in various tourism and business organizations, exceptional reviews, and an established online presence, Briarwood is a premier choice for investors seeking a profitable and reputable hospitality business. (id:33212)

Business

Business Type Accommodation, Recreation
Business Sub Type Hotel/motel, Recreation

Property Details

MLS® Number 202407326
Property Type Business
Community Name Alberton
Amenities Near By Water Nearby
Equipment Type Propane Tank, Other
Rental Equipment Type Propane Tank, Other
Water Front Type Waterfront On River

Building

Constructed Date 2024
Fire Protection Monitored Alarm, Smoke Detectors
Flooring Type Other
Size Interior 26,000 Ft2
Total Finished Area 26000 Sqft
Utility Water Ground-level Well

Parking

Parking Space(s)
Paved Yard
Visitor Parking

Land

Acreage Yes
Land Amenities Water Nearby
Size Irregular 15.55
Size Total 15.5500|10 - 49 Acres
Size Total Text 15.5500|10 - 49 Acres
Zoning Description Commercial

https://www.realtor.ca/real-estate/26758214/253-matthews-lane-alberton-alberton

Jacqueline Desroches

(902) 954-0601

Colliers Pei
149 Kent Street
Charlottetown, Prince Edward Island C1A 1N5

(902) 954-0601