$249,900

114-118 Main Street,
St. Lunaire-griquet

MLS ® 1267550

Welcome to an extraordinary investment opportunity on the gnp. This former 25,000 sq ft school building, situated on nearly 4 acres of land, offers immense potential and a range of possibilities. Here`s why: -solid structure and enhancements: constructed in 1969 with a large wing added in the mid-70s, this building showcases quality craftsmanship. Substantial investments were made, including an apex roof added in 2002 and comprehensive stabilization measures in 2004/2005, ensuring a secure and reliable structure. -Breathtaking views: the property boasts stunning views of the bay. -Potential for rv park: the cleared grounds are an ideal opportunity to establish a much-needed rv park. Can take up to 10 rvs. -Versatile interior: the building features numerous classrooms, a full gymnasium with a stage, and a former community library complete with books. -Accommodation potential: with some modifications, the building can potentially have 15 1-bedroom units or 25 hotel-style rooms. Income potential for short-term rentals projected to yield $175-$225 per night or around $900 per month for long-term. -Established rentals: the property currently offers short-term rental units,"bayview suite" and "garrigus room." in addition to a 1 bedroom apartment. These units have high demand, with the "bayview suite" receiving booking.com`s highest rating. -Proximity to tourist attractions: minutes away from the world heritage viking site, the property benefits from a steady stream of tourists, ensuring consistent demand for accommodations throughout the tourist season. -Winter income potential: the high demand for student accommodations at nearby cona can be tapped into, providing a reliable source of revenue during the off-season. -Multiple entertainment options: the building offers diverse amenities, including a gaming arena with activities like paintball, airsoft, and gellyball. Additionally, there is an axe-throwing room and a party room, catering to all. (Id:9704)

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