TURNKEY MOTEL Novastar Motel on the Lake is a well-maintained, income-producing property just five minutes from downtown Yarmouth and overlooking Lake Milo. The property features 16 motel units plus two apartment suites, offering strong short- and long-term rental potential. Four kitchenette units were recently renovated (approx. $100,000). The two apartment suites and motel's office include three Daikin heat pumps for efficient year-round comfort. With a loyal clienteleincluding steady off-season demand from trades workersand close proximity to the Yarmouth Ferry, this turnkey operation is an excellent opportunity for investors or owner-operators. (id:13843)
| MLS # | 202610878 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1966 |
| Days On Site | 159 |
| Listing Provided By | RE/MAX Nova (Halifax) | Suzanne Bechard |
| SQ Feet | 7,246 |
|---|---|
| Acreage | 1.01 |
| Cooling | Window air conditioner, Air Conditioned |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Electric, Propane, Ductless |
| Fireplace Yes / No | No |
| Security Features | Alarm system, Sprinkler System-Fire |
|---|---|
| Construction Materials | Wood frame, Concrete block |
| Parking Features | Paved Yard, Parking Space(s), Gravel, Visitor Parking |
|---|
| Water Source | Municipal water |
|---|
| Tax Year | 2026 |
|---|
| Province | NS |
|---|---|
| City | Dayton |
| Postal Code | B5A5A1 |
| Listing VS Median (in B5A5A1) | |
Price: $1,050,000 low | high Med: $1,050,000 sqft: 7,246 low | high Med: 7,246 $ / sqft: $145 low | high Med: $145 On site: 159 low | high Med: 159 | |
| Province | NS |
|---|---|
| City | Dayton |
| Postal Code | B5A5A1 |
| Listing VS Median (in B5A5A1) | |
Price: $1,050,000 low | high Med: $1,050,000 sqft: 7,246 low | high Med: 7,246 $ / sqft: $145 low | high Med: $145 On site: 159 low | high Med: 159 | |