For Sale · Specialty

4485 Route 102, Queenstown

4485 Route 102, Queenstown, NB E5M1Z5

$1.3M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

87%

Lot Size

20 ac

About this property

Welcome to Tides Peak Nordic Spa & Farm Retreat. An extraordinary opportunity to own a thriving hospitality business, a stunning 1200' of waterfront lifestyle property, and an investment with multiple income streams, all in one remarkable package spread on 20 acres, with excellent financials. Set atop rolling fields overlooking the Saint John River, this retreat has been thoughtfully designed to deliver unforgettable guest experiences while providing its owner with a lifestyle many only dream about. At the heart of the property sits the beautifully maintained main residence. Currently a full-time home, the charming bungalow offers opportunity for an additional income-generating accommodation. Inside, an open-concept living space features two main-floor bedrooms, including a spacious primary suite with a renovated ensuite, a second renovated bathroom, and a partially finished lower level with additional potential. Beyond the main residence, two distinctive guest retreats offer year-round accommodations with an established booking history and strong future reservations already in place. Guests enjoy waterfront relaxation, panoramic river views, Nordic spa amenities, outdoor hot tubs, private saunas, evenings under the stars, beach volleyball, and peaceful moments by the water. The property's expansive acreage offers even more possibilities. With open pastureland and room to roam, it is well suited for horses and hobby farming, creating a rare opportunity to blend hospitality, rural living, and equestrian pursuits in one exceptional setting. Whether you're seeking a profitable tourism venture that comes with established online platforms, a luxury retreat property, an equestrian lifestyle, or simply a breathtaking place to call home, Tides Peak delivers a truly unmatched opportunity. It is far more than a property, it is a destination, a business, and a lifestyle all in one. For complete details, additional photos, and property information, click the video link. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.25M
Down payment30% · $375K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$77K

Annual cash flow

$7K

Cash-on-cash

1.99%

DSCR

1.11

Going-in cap

6.14%

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.

Area demographics

Trade area within 3 miles of the property.

Population

55,541

Households

20,736

Median income

$133,500

Median age

39

Daytime population

53,091

5-yr growth

8.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4485 Route 102, Queenstown.

NDA required
  • 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.