$5,500,000
Available - For Sale
Listing ID: X12176480
650 King Street East , Gananoque, K7G 1H3, Leeds and Grenvi
| 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. |
| Price | $5,500,000 |
| Taxes: | $86546.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 650 King Street East , Gananoque, K7G 1H3, Leeds and Grenvi |
| Postal Code: | K7G 1H3 |
| Province/State: | Leeds and Grenvi |
| Directions/Cross Streets: | King St E & Thousand Islands Pkwy |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 1.69 |
| Total Area Code: | Acres |
| Area Influences: | Major Highway |
| Business/Building Name: | Riviera Inn and Suites 1000 Islands |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 24 hour |
| Employees #: | 7 |
| Seats: | 120 |
| Washrooms: | 58 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Leeds and Grenville |
| Municipality: | Gananoque |
| Neighbourhood: | 05 - Gananoque |
| Tax: | $86,546 |
| Baths: | 58 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples