$1,250,000

About this property

IMMEDIATE POSSESSION! Prime Development Opportunity in Crystal Beach with plans available for 12-18 short to long term rentals or motel usage. Steps from the sandy shores of Crystal Beach, this unique property offers limitless potential for investors and developers. Previously operating as a year-round bar and restaurant since 1991, the main floor features a spacious layout that once accommodated approximately 200 guests inside, plus an outdoor patio with a tiki bar that was a popular local attraction. Above and adjacent to the main level, you'll find over 3,500 sq. ft. of living quarters, complete with large bedrooms, ensuite bathrooms, walk-in closets, and a private rooftop patio. The full third floor remains unfinished, presenting an excellent opportunity to convert into apartments, condominiums, or hotel suites with the option to build even higher. Many upgrades including stone walls, large rooms, and a full-service bar infrastructure still in place. The property is being sold together with 407 Oxford Avenue, which offers 16 dedicated parking spaces.

Features

Property Details

Location & Walkability