Investment Overview
Friars Bay Inn & Cottages is the epitome of a destination property in an authentic, unspoiled coastal market. Resting on the shore of Friars Bay on Campobello Island — just off the coast of Lubec, Maine and on the Bay of Fundy — this multi-building lodging operation offers a rare combination of waterfront real estate, diversified accommodation types, and meaningful development potential, all within one of the most distinctive heritage and nature tourism destinations in Atlantic Canada.
The property includes three separate parcels with beachfront on Friars Bay, comprising a nine-room motel-style Inn building, three attached waterside cottages, and a separate hillside cottage with a full kitchen — buildings that collectively define a versatile and well-positioned lodging operation. Ample space remains available for development of additional cottages as zoning permits, offering an incoming owner a clear path to expanded inventory and revenue.
Location & Demand Drivers — Campobello Island, New Brunswick
Campobello Island occupies a singular position in the coastal tourism market. Connected to Lubec, Maine by the FDR Memorial Bridge and accessible by seasonal ferry from Eastport, the island attracts travelers drawn to an authentic coastal experience that more accessible markets can no longer offer — one where the natural world remains the defining feature.
The island is home to Roosevelt Campobello International Park, a 2,800-acre binational preserve and the only park jointly owned and managed by the United States and Canada, centerpiece of which is Franklin D. Roosevelt’s 34-room summer estate — a destination FDR himself called his “Beloved Island.” Additional attractions include Herring Cove Provincial Park, the historic Head Harbour / East Quoddy Lighthouse, whale watching on the Bay of Fundy (home to some of the highest tides in the world), deep sea fishing, kayaking, golf, and cycling. The property sits approximately one mile from both Roosevelt Campobello International Park and Herring Cove Provincial Park, with direct access to the ocean and the full range of activities this striking destination offers.
Friars Bay Inn & Cottages draws guests seeking precisely what Campobello offers: unhurried coastal immersion, remarkable natural scenery, and a sense of place that is increasingly rare.
Asset Description
The lodging operation comprises three distinct building types across three parcels:
Waterside Cottages — Three attached waterfront cottages, steps from the beach and approximately 20 feet from the high water mark, sharing a back deck with porch furniture and BBQ. One is currently configured as the owner’s quarters. Direct beach access leads guests on foot into Roosevelt Campobello International Park.
Inn Building — Nine well-appointed rooms in the historic motel-style main building, which also houses the property office. Rooms offer water views, air conditioning, and a range of bed configurations to accommodate couples, solo travelers, and small groups. Adirondack chairs on the lawn overlooking the bay are a signature feature of the guest experience.
Hillside Cottage — A separate cottage with a full kitchen, two bedrooms, living room with sofa bed, laundry facilities, and outdoor BBQ — ideal for families, groups, and extended-stay guests.
Optional Restaurant Parcel
The Porch at Friars Bay — a dedicated dining and kitchen facility on a separate and significant beachfront parcel — is available for purchase at the Inn buyer’s discretion and is not included in the listed price. Currently leased to an independent operator serving breakfast, lunch, and dinner to lodging guests and the public alike, The Porch includes sufficient parking for both lodging and outside guests and offers spectacular ocean and sunset views. This asset represents meaningful synergy potential for an owner-operator seeking a fully integrated hospitality business.
Value-Add Opportunities
- Development of additional cottage units on available land as zoning permits
- Integration of The Porch restaurant for a fully unified food and lodging operation
- OTA channel expansion and dynamic seasonal pricing
- Whale watching, fishing, and outdoor adventure package programming
- Extended-stay and remote-work marketing targeting the growing market for off-grid coastal retreats
Property Details
- Asking Price: $1,375,000 (CAD + HST)
- Address: Campobello Island (Welshpool), New Brunswick, Canada
- Property Type: Inn & Cottages
- Rooms: 9 Inn Rooms + 3 Cottages (plus optional restaurant parcel)
- Parcels: Three separate parcels included; beachfront on Friars Bay
- Access: FDR Memorial Bridge from Lubec, Maine; seasonal ferry from Eastport, Maine
Contact Eben Viens for more information at 802-380-7312 (call/text) or eben@bbteam.com.
Broker of Record: Cushman & Wakefield Atlantic
