Brackley Beach is the perfect home base for a hospitality venture, located just moments from the National Park beaches and a quick drive to Charlottetown. Millstream Cottages is a meticulously maintained operation that has undergone significant, high-quality capital improvements over the past 5 years, leaving the property in excellent physical and functional shape. The transition for a new owner is remarkably straightforward, as the business is already staffed and boasts a strong booking calendar for the upcoming 2026 season. Investors will find value in the diverse layout, which includes 17 cottages and several rental suites offering a blend of seasonal tourism and reliable long-term income. Efficiency has been a priority here, with recent upgrades like heat pumps, propane water heaters and new metal roofing to help keep overhead manageable. The owner's residence is a standout feature: a high-end three-bedroom home with thoughtful touches like heated bathroom floors and a private steam shower. The business is truly turnkey, sold with an extensive list of assets including a heated pool, a pickleball court, a fleet of bikes and kayaks, mowers and golf carts. Financially, the operation shows consistent strength with a healthy net operating income and a high rate of direct, recurring bookings. Profitability is driven by multiple income streams, including short and long-term rentals and equipment leasing, with ample room for growth in each category. This is a rare chance to take over a very profitable and well-loved island business. Reach out for the full financial package and to see why this is the best opportunity on the North Shore. (id:59559)
| Business Type | Recreation, Recreation |
| Business Sub Type | Campground, Recreation |
| MLS® Number | 202610515 |
| Property Type | Other |
| Community Name | Brackley Beach |
| Amenities Near By | Water Nearby |
| Community Features | High Traffic Area |
| Equipment Type | Propane Tank |
| Pool Type | Outdoor Pool |
| Rental Equipment Type | Propane Tank |
| Structure | Tennis Court |
| Water Front Type | Waterfront On Ocean |
| Amenities | Air Conditioning, Laundry Facility, Living Accommodation, Recreation Centre |
| Constructed Date | 1975 |
| Construction Material | Wood Frame |
| Fire Protection | Smoke Detectors |
| Flooring Type | Other |
| Utility Water | Ground-level Well |
| Visitor Parking | |
| Other |
| Acreage | Yes |
| Land Amenities | Water Nearby |
| Land Disposition | Cleared |
| Size Irregular | 6.5 |
| Size Total | 6.5 Ac|3 - 10 Acres |
| Size Total Text | 6.5 Ac|3 - 10 Acres |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/29737009/3418-brackley-point-road-brackley-beach-brackley-beach
(902) 628-6500
(902) 628-6500
royallepagepei.ca/
(902) 628-6500
(902) 628-6500
royallepagepei.ca/
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