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$2.5M total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
US — Urban Services
$ / SF
—
Occupancy
88%
Year Built
1910
Lot Size
9.6506 ac
Rare turnkey commercial hospitality asset in coveted Mahone Bay on the South Shore! Bayview Pines stands as the largest established Bed & Breakfast in Mahone Bay, offering a proven track record of successful seasonal operations and an exceptional reputation. Positioned on an elevated and private 9.65 acre coastal lot along the Indian Point peninsula, this premier property enjoys panoramic views over the waters of Mahone Bay and its many islands. The estate features 11 bedrooms and 12 bathrooms across a historic 1910 main home and an expansive multi-level commercial barn. Operational layout includes eight B&B guest rooms, two self-contained weekly-stay apartments with private kitchens, and a fully private self-contained owners suite. Guest amenities include an east-facing breakfast room (seating 1621), guest coffee stations, dedicated office space, and a shared lounge. Positioned for immediate revenue growth, endless opportunities exist to expand into the lucrative luxury wedding and corporate retreat market, extend the operating days into shoulder seasons, or adjust the dynamic room pricing. Highlighting fantastic future development upside, the property offers prospective wharf potential just across the street and elevated ocean vantage points across manicured grounds, walking trails, and quick access to the Dynamite Trail which connects to the Town of Mahone Bay. Complete with dedicated guest parking, this is a landmark South Shore commercial enterprise. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$151K
Annual cash flow
$12K
Cash-on-cash
1.62%
DSCR
1.09
Going-in cap
6.03%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
80,786
Households
29,635
Median income
$128,000
Median age
35.1
Daytime population
132,403
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 678 Oakland Road, Indian Point.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.