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Saint Andrews
218 Water Street
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218 Water Street $3,250,000
$3,250,000
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218 Water Street
Saint Andrews, New Brunswick E5B1B4

MLS® Number: NB119371

Listing Description

Built more than 140 years ago, the Kennedy Hotel, as it was known then, was Canadas very first summer hotel, attracting guests from Upper Canada and from across the American eastern seaboard. Maison Kennedy House is now a year-round destination hotel; situated on the shores of the Bay of Fundy, in the heart of historic Saint Andrews By-the-Sea. This resort town offers visitors a variety of attractions; satisfying even the most sophisticated guests and international travelers. Maison Kennedy House is a vibrant hotel with 25 guestrooms (some suites, doubles and some offered as extended stay), plus a 2 bedroom apartment, a retail shop, and a recently renovated restaurant and bar (The Shiretown Pub) which enjoys a loyal clientele and is licenced for 98 people inside and with an additional capacity of up to 72 people outside. The wide covered verandah of the Maison Kennedy House allows guests some of the best seats in town from which to enjoy a delicious meal, their favourite beverage, or just watching the excursion and fishing boats coming and going from the harbour. This is a rare opportunity to acquire a thriving, successful property; Maison Kennedy House has earned and maintained stellar business reputation in this attractive seaside town. Note: This sale will be a share sale that will include the business, the land and building, plus all assets related to the business. This sale is subject to HST. Financials will be provided upon signing of an NDA. (28506026)

Property Summary

Property Type
Other
Title
Freehold
Land Size
16297 sqft
Built in
1881
Annual Property Taxes
$27,497.94
Time on REALTOR.ca
202 days

Price and Sale History

Date Status Price
Nov 1, 2022 Sale Closed $1,825,000

Building

Building Features
Rental Equipment
Other
Heating & Cooling
Cooling
Window air conditioner
Heating Type
(Electric), (Propane)
Business
Business Type
Accommodation (Hotel/motel), Restaurant (Restaurant)
Neighbourhood Features
Amenities Nearby
Shopping

Measurements

Square Footage
17900 sqft
Total Finished Area
17900 sqft

Land

Other Property Information
Access
Year-round access, Public Road
Data provided by: New Brunswick REALTORS®
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506-467-5376
REALTOR® Website
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RE/MAX Professionals
136 Water Street
St. Andrews, New Brunswick E5B1A8
506-529-4364
506-529-3916
Office Website
Mark Gauley