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$5,500,000
44 Days On Site

650 KING STREET E
Gananoque, ON K7G1H3

For Sale|Business|Active
0
Beds
58
Total Baths
2
SqFt
$2,750,000
/SqFt
Subdivision:
05 - Gananoque
County:
Call Now: 780.994.4663
Is this the listing for you? We can help make it yours.
780.994.4663
650 KING STREET E650 KING STREET E650 KING STREET E650 KING STREET E
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Monthly Payment (Est.)

$25,093
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Riviera Inn and Suites 1000 Islands 54 ROOM HOTEL with 2 Bedroom, Living Room, 1.5 Washroom Owner's Apartment For Sale in the heart of Gananoque, at the exit of Hwy 401. Current Owner had been successfully managing this profitable YEAR ROUND OPERATION since 2017. The Hotel has on-site Restaurant "Wheel & Anchor Restaurant & Bar" and a Heated Swimming Pool to serve its Guests and Tour Bus Groups . All Rooms have been Renovated and Upgraded, including Metal Roof, Flooring, Blinds, Furniture, Lightings, Digital Signs etc. etc. The Hotel is ideally situated in the busy commercial area of the town, minutes away from McDonald's, Tim Hortons, No Frills, Canadian Tire and other amenities +The Shorelines Casino & the 1000 Islands cruise line attracts many local and international visitors. Gananoque - just 30 minutes from Kingston, is a gateway to 1000 Islands, a world-famous tourist destination where many local and international TOUR BUSES stop and stay overnight. This Hotel accommodates Tour Buses and Groups from all over the world. The Hotel has a huge parking lot, 4 to 5 tourist buses can be parked. A great Investment opportunity for this Profitable and Year Round Business. The seller's strict instructions: The Employees run the operation and this is EXTREMELY BUSY TIME so Please DO NOT go direct to the property without having a confirmed showing appointment. (id:31684)

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Listing Snapshot
Price 
$5,500,000
Days On Site 
44 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2 sqft
Total Baths 
58
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.687 Acres
Year Built 
N/A
MLS® Number 
X12176480
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
1.687
Parking Spaces 
88
Property Sub Type 
Business
SqFt Total 
2
Interior Features
Cooling 
Heating 
Forced AirElectric
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Exterior Features
Frontage 
253 ft

Listing courtesy of: NIRAJ PANCHOLI of CENTURY 21 PEOPLE'S CHOICE REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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