'Cottages on the Beach' Listing Details & Market Data

Cottages on the Beach, South Shore, NS B0W 1

  • For Sale $2,495,000
  • Property Type Other
  • Property Size 12,000 SF
  • Units 12
  • Lot Size 1.51 Acre
  • Date Updated Mar 12, 2024
This gorgeous waterfront property with its own Private Beach has been a mainstay destination for decades on the beautiful South Shore of Nova Scotia! Although this operation is currently operated as a Seasonal one, the owners make very good money running it themselves for the 6 month summer season. With that said, the opportunity here is to acquire this opportunity and operate it as it has been for years, or, development a year-round operation consisting of some 18 winterized units to replace the current cottage structures (can be moved as desired) and with respect to new year round units, the owners have in hand an 'as of right' development agreement and with full plans in place to be the new owners next vision! It is clear that if this operation was a year round one, it would in fact be well visited and utilized year round!This exclusive sale/opportunity (extremely confidential) is being marketed quietly by the owners who have operated this Beach Front cottage development for several years and continue to take reservations now for the 2024 cottage season. As an seasonal business, it makes great revenue especially if and as 'owner operated', but the owners have invested a couple or three hundred thousand dollars and much time to achieve a new development agreement for the site which provides for the construction of three independent building of 6 units each that are already designed and approved for the site as year round winterized units and will exponentially increase the opportunity here. Or, the new owner can operate it seasonal for a time or forever, and consider expansion on their own schedule. This sale can be executed as an asset sale or one may wish to consider the acquisition of 100% of the shares of the company that owns and operates the current property and decide how they would like to move forward.

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Attachments

Highlights

  • Private Beach property
  • 10 cottages, a house for the owner and a Multi Unit
  • Storage Shed on site
  • Less than two hours from Halifax, door to door
  • Operate Seasonally
  • Operate Year round with newly constructed units
  • Development Agreement in place and 'as of right'

Contacts

broker

Dave Kerr

Avison Young - CA - NS - Halifax

(902) 476-7300

Location

Getting Around

  • Walk Score ®

    Car-Dependent (7)
  • Bike Score ®

    Somewhat Bikeable (26)
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  • City South Shore, NS
  • Postal Code B0W 1

Points of Interest

  • Irving

    1.18 miles

  • Shell

    2.81 miles

  • Esso

    3.21 miles

  • XTR

    6.08 miles

  • Dan's Ice Cream Shoppe

    1.21 miles

  • Capt. Kat's Lobster Shack

    1.24 miles

  • Forest Ridge Academy

    3.07 miles

  • Barrington Municipal High School

    3.61 miles

  • Clark's Harbour Elementary School

    5.98 miles

  • Evelyn Richardson Memorial Elementary School

    7.09 miles

Contact Listing Broker

broker

Dave Kerr

Avison Young - CA - NS - Halifax

(902) 476-7300