ON > Gananoque > 05 - Gananoque
Gananoque, ON K7G 1H3,650 King ST E
Gananoque, ON K7G 1H3,650 King ST E
Gananoque, ON K7G 1H3,650 King ST E
Gananoque, ON K7G 1H3,650 King ST E
Gananoque, ON K7G 1H3,650 King ST E
Gananoque, ON K7G 1H3,650 King ST E
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Kat Tannock

Kat Tannock

+1(249) 502-8832
$ 5,500,000
Est. payment | /mo

58 Baths

1 SqFt

Save
$ 5,500,000
Est. payment | /mo
Save

58 Baths

1 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $5,500,000

Subdivision 05 - Gananoque

MLS Listing ID X12176480

Annual Tax Amount $86,546

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Leeds And Grenville

Community 05 - Gananoque

Area Leeds And Grenville

Zoning C2-Commercial-Hotel

Interior

Cooling Yes

Inclusions A full list of chattels, equipment and appliances included in the price will be provided to the buyer after the offer acceptance.

Exterior

Parking Features Outside/Surface

Community Features Major Highway

Utilities Available Available

Building

Lot Description Lot

Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(249) 502-8832

ktannock@gmail.com

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650 King ST E