Property Address: Kennedy Inn, 218 Water St., St. Andrews, New Brunswick
KENNEDY INN, c1881, ST. ANDREWS LANDMARK $689,500 CDN
View Slide Show Property Info: Price: CDN $689,500 Bed: 21 Bath: Sq. Feet: 15,000 Lot Size: 1296 Sq. M. Type: Commercial Category: Historic, In Town Features: Ocean View, Dining Room, Commercial Kitchen, Hardwood Floors, Elevator, 2 Dining Rooms, Trained Staff, Laundry Room MLS®: 095238	View Larger Map View Larger Map

Property Description:

Offered at: $689,500

The Historic Kennedy Inn c1881 is a St. Andrews landmark property and business, overlooking the town square, wharf and harbour. Located in one of Canada’s premier resort destinations, St. Andrews is situated on the shores of the world-renown Bay of Fundy - home to the globe’s highest tides, the summer feeding ground for a variety of whales and some of the most exciting kayaking offered anywhere. While once a summer holiday location, St. Andrews has expanded its tourism season year-round. Visitors can expect to dine at a number of award winning restaurants and enjoy the town’s many unique shops, galleries and museums. St. Andrews is a delightful small town with all the services of a much larger centre.

The Kennedy Inn, so called by its original builder and owner Agnus Kennedy, it is at the very heart of historic St. Andrews, in the midst of its business district while enjoying gorgeous ocean views from the spacious front veranda, the dining rooms, upper sitting/sun room and a number of its guest rooms. Located on the first level are two large dining rooms, one with a wood burning fireplace, a private dining room for intimate gatherings, a pub where food is also served, a games room with St. Andrews’ only VLT machines, men’s and ladies’ wash rooms, front office, full-size commercial kitchen with two walk-in refrigerators and one walk-in freezer, dry storage room, staff washroom and laundry.

There is also a two-car attached garage on this level which is currently being used as wood storage and work-shop maintenance area. The large front entry and hall house the beautiful central stair case with its original hand railing, newel post and balusters. The inn also has wheel chair access and elevator.

While needing some cosmetic up-grades, many of the buildings original features remain, adding to its continued charm. Pine and hardwood floors, heavy paneled doors, pressed-tin ceiling in the dining room, wainscoting and wide door, window and baseboard molding have been left in tact during earlier renovations to install energy efficient windows, some electrical baseboard heaters and kitchenettes in the many of the rooms.

At the front of the house on the second floor is an expansive sitting/reading area which can be accessed by double-paneled doors by the suites on either side - making this the perfect opportunity to host wedding/anniversary/business/and seasonal receptions. This area also opens into the building’s sitting/sun room with its stunning views. Currently, the business is licensed to serve 130 people. All required licenses and certificates are up to date and the building and its systems meet all required municipal, provincial and federal codes.

(Three) of the rooms and another (three) on the third level have been rented to college students in recent years, bringing a steady income with little overhead costs.

As a well established business, it is being offered fully furnished and operational. The sale includes the following: 21 rooms - two of which are two-room suites, licensed pub, front dining veranda, two dining rooms, fully equipped kitchen, large laundry room, office, elevator, new heating system (2005), upgraded insulation, sprinkler system, two-bedroom manager’s apartment, and ample off-street parking. The long-time staff are fully trained. Financials available to qualified buyers. This is a great value for a profitable, well established business with lots of growth potential.

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