Wolfville
23-360 Main Street
Wolfville
B4P 1C4
Office:
(902) 542-5772
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202520937
- Bus Major:
- Motel/Hotel
- Photos (31)
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Lake Lawn Motel B&B with 24 quest rooms, 1 living quarters and one leased salon is looking for a new owner. Owner will finance with a 50% down payment, 5% interest rate and 5 year term. Walking distance to the Yarmouth Hospital, 5 minute drive to the Ferry Terminal. Close to downtown Yarmouth and the shopping malls. Across the road from Lake Milo and the mouth of the Yarmouth Harbour is just a skip away.
- Head north on Main Street, to Lake Lawn Motel on the right just past Vancouver Street.
- Listing Sub-Area:
- Town North
- Property Type:
- Commercial
- Commercial Type:
- Business
- Major Bus Type:
- Motel/Hotel
- Title To Land:
- Freehold
- Year built:
- 1836 (Age: 189)
- Age:
- 189
- Main Living Area:
- 10,000 sq. ft.
- Floor Area:
- 10,000 sq. ft.
- Building Dimenions:
- Irregular
- Prop Size:
- 0.5 to 0.99 Acres
- Lot Size:
- 0.9 acre(s)
- Outside Dimenions:
- Irregular
- Zoning:
- Commercial
- Construction:
- Wood Frame
- Parking:
- Yes
- Driveway:
- Multiple Driveways, Parking Spaces(s), Paved
- Parking Description:
- 33 paved parking spaces
- # Floors:
- 2
- Floor Finish:
- Wood
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Furnace, Hot Water
- Fuel:
- Electric, Oil, Propane
- Fire Protection:
- Hydrant, Smoke Detector
- Water Supply:
- Municipal
- Utilities:
- Cable, Electrical, Municipal Water, Septic, Telephone
- Lighting
- Cleared, Shopping Nearby, Visual Exposure, High Traffic Location
- Laundry Facilities, Living Accommodations, Public Washrooms
- Negotiable
- Propane Tank
- No
- View: Harbour, View: Lake
- PID#90198425
- Assessment:
- 688000.0
- Assessment Year:
- 2025
- Rental Income:
- Yes
- Net Income:
- 70,000
- Gross Revenue:
- 250,000
- Total Expenses:
- 180,000
- Business Tax Payer:
- Owner
- Property Taxes Payer:
- Owner
- Heating Payer:
- Owner
- Hydro Payer:
- Owner
- Water Payer:
- Owner
- Insurance Payer:
- Owner
- Structural Maintenance Payer:
- Owner
- Exterior Maintenance Payer:
- Owner
- Interior Maintenance Payer:
- Owner
- Lease 1 - Net Rental Area:
- Motel Room
- Lease 1 - Expiration Date:
- December 2025
- Lease 1 - Occupant:
- Van Nguyen
- Lease 1 - Rental Rate:
- 1200 a month
- Possession Info:
- Upon Closing.
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Listed by RE/MAX Banner Real Estate(Yarmouth)
Data was last updated August 29, 2025 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $544,450
- Min list price:
- $149,900
- Max list price:
- $1,600,000
- Avg days on market:
- 227
- Min days on market:
- 10
- Max days on market:
- 664
- Avg price per sq.ft.:
- $162.74
These statistics are generated based on the current listing's property type
and located in
Yarmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- EXIT Realty Town & Country
- 1 (902) 840 1600
- Contact by Email