650 King Street E, Gananoque, Ontario K7G 1H3

Listed for:
$5,500,000
0 beds
58 baths
Listed 35 days ago
650 King Street E, Gananoque, Ontario K7G 1H3

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Learn more about this property
Listing provided by:
CENTURY 21 PEOPLE'S CHOICE REALTY INC.
MLS® number:
X12176480
Agent:
Niraj Pancholi
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About

Cross Streets: King St E & Thousand Islands Pkwy. ** Directions: From Toronto to Hwy 401 E, take exit 648 then turn right and property is on your right beside McDonald. 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:27476)

Property Highlights

MLS® Number
X12176480
Type
Business
Community Name
05 - Gananoque
Land Size
1.687 ac
Parking Space Total
88

Building

Square Footage
2 ac
Bathrooms Total
58
Amenities
Highway
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location