Outdoor Pool
Waterfront On Ocean
Acreage
$2,399,000
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:61399)
Business
|
Business Type
|
Recreation, Recreation |
|
Business Sub Type
|
Campground, Recreation |
Property Details
|
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 |
Building
|
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 |
Parking
Land
|
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
ROYAL LEPAGE PRINCE EDWARD REALTY
87 John Yeo Drive, Unit 1
Charlottetown.,
Prince Edward Island
C1E 3J3
(902) 628-6500
(902) 628-6500
royallepagepei.ca/