$389,900
( )
 $2,093 est/mo Sourced by Back At You

490 A Gillingham Avenue,Norris Arm, NL A0G3M0

Norris Arm, NL A0G3M0

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Description

Exceptional investment opportunity with endless potential. This well-maintained oceanfront property features a total of six buildings, including three fully furnished cabins and two additional buildings containing five efficiency rental units. The three cabins include two 2-bedroom, 1-bath units and one charming 1-bedroom, 1-bath cabin, currently operated as the popular honeymoon suite. This cozy retreat features a relaxing jacuzzi tub and separate stand-up shower, making it an attractive option for couples seeking a romantic getaway. The two efficiency-unit buildings offer five additional rental accommodations, including two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Unit #3 is fully wheelchair accessible, providing comfortable accommodations for guests with mobility needs. Each rental unit comes fully furnished and equipped with cable TV, Wi-Fi, BBQs, and everything needed to operate a successful nightly rental business. Guests also have access to an on-site laundry facility, while two fully serviced RV hookups provide additional income potential for campers and RV travelers. Perched overlooking the ocean, these accommodations offer breathtaking views and spectacular sunsets. Outdoor enthusiasts will appreciate being just steps from the Trans-Canada Trail, providing direct access to extensive ATV and snowmobile trail networks that stretch throughout the region. All cabins and units are up to date, exceptionally maintained, and in excellent condition. Whether you're looking to expand an existing hospitality business or start a new venture, this property offers tremendous opportunity for future growth and development. Don't miss your chance to own this unique income-generating property. (id:13843)

Details

MLS #1298154
Listing TypeFor Sale
StatusActive
Days On Site141
Listing Provided ByRoyal LePage Generation Realty | Jackie Warford

Features

ZoningComm.
Property ViewOcean view, View

Interior

HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

RoofAsphalt shingle, Unknown

Taxes

Tax Annual Amount0

Area Information

ProvinceNL
CityNorris Arm
Postal CodeA0G3M0
Listing VS Median (in A0G3M0)
Price:
$389,900
low | high
Med:
$425,000
40.997691715825% of Average
On site:
141
low | high
Med:
21
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceNL
CityNorris Arm
Postal CodeA0G3M0
Listing VS Median (in A0G3M0)
Price:
$389,900
low | high
Med:
$425,000
40.997691715825% of Average
On site:
141
low | high
Med:
21
100% of Average
Sourced by Back At You
Listing Updated: October 26, 2026 at 7:46:32 AM PDT