4827 Trans Canada Highway Eldon, Prince Edward Island C0A 1A0
$797,000
Opportunities like this are truly rare. This Motel & Cottages business, in operation for over 40 years, features 19 rental units along with a beautifully designed five-bedroom home on more than three acres, offered at only $799K and ideally located just minutes from the Point Prim Lighthouse, 18 minutes from the Wood Islands Ferry, and 30 minutes from downtown Charlottetown. The main house includes an upper level with a kitchen, dining room, living room, three bedrooms, and a full bath, while the lower level - with its own kitchen, living room, full bath, and two bedrooms - can be rented out for additional income. The property includes 11 cottages and 8 motel units; nine cottages are two-bedroom units with full kitchens, and the remaining two are one-bedroom units with kitchens. Recent upgrades include roof work on the main house and several units (Units 1, 3, 4, 5, 6, 8, and 9) completed between 2022 and 2023; replacement of water heaters for the main house, Unit 5, and behind the motel between 2021 and 2024; updated washers, dryers, and refrigerators added from 2023 to 2025; a new AC for Unit F in 2024; and newer lawn-care equipment. This property allows you to operate a long-established hospitality business right in your own backyard while enjoying comfortable on-site living. Click the MULTIMEDIA link for a virtual tour video. All measurements are approximate and should be verified by the purchaser. (id:56351)
Business
| Business Type | Accommodation |
| Business Sub Type | Hotel/motel |
Property Details
| MLS® Number | 202528404 |
| Property Type | Other |
| Community Name | Eldon |
| Amenities Near By | Highway |
| Community Features | High Traffic Area |
| Equipment Type | Propane Tank |
| Features | Paved Driveway |
| Rental Equipment Type | Propane Tank |
Building
| Amenities | Air Conditioning |
| Constructed Date | 1977 |
| Construction Material | Wood Frame |
| Fire Protection | Smoke Detectors |
| Flooring Type | Wood, Other |
| Size Interior | 2,366 Ft2 |
| Total Finished Area | 2366 Sqft |
| Utility Water | None |
Parking
| Visitor Parking |
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Highway |
| Size Irregular | .82 + 2.25 |
| Size Total Text | .82 + 2.25|3 - 10 Acres |
| Zoning Description | Other |
https://www.realtor.ca/real-estate/29126911/4827-trans-canada-highway-eldon-eldon
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November 21 2025 07:36:33
Prince Edward Island Real Estate Association
Royal LePage Prince Edward Realty