Commercial building/Office for sale - Frontenac

$7,900,000 +taxes  

Just minutes from downtown Lac-Mégantic and approximately 25 minutes from the US border with Maine, Estello Suites & Spa occupies a prime location combining easy access to key tourist routes with breathtaking natural surroundings. Nestled on the shores of Lake Mégantic--recognized as the world's first International Dark Sky Reserve--the property appeals to guests seeking wellness, authenticity, and nature. Each unit is named after a star, a thoughtful nod to the site's astronomical heritage.

Estello features 12 upscale units, including 9 apartment-style suites with kitchenettes and lounges, and 3 elegant guest rooms. Designed as a wellness destination, the hotel includes a full Nordic spa, heated saltwater pool overlooking the lake, hammam steam room, panoramic dry sauna, relaxation yurt, as well as a private beach and dock.

Its strategic location near Lac-Mégantic Golf Club, Mont-Mégantic National Park, the ASTROLab, the Summit Drive, and Mont Adstock ski resort makes it a sought-after year-round destination. Most notably, its proximity to the US border draws an increasing number of American tourists from Maine, New Hampshire, and the northeastern US--travelers looking for premium nature escapes at accessible prices.

Estello is currently the only high-end hotel in the entire region, giving it a unique market advantage and significant growth potential. The local, national, and international clientele is expanding steadily, as Lac-Mégantic gains recognition as a sustainable, astro-tourism, and wellness-focused destination. The top floor could be transformed into a spacious private penthouse or operated as an exclusive presidential suite for VIP guests.

Often referred to as "the new Tremblant," Lac-Mégantic is undergoing a tourism renaissance. Estello presents a rare opportunity to acquire a premium hospitality asset at the crossroads of luxury, nature, and international reach.