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$ 1,980,000
Est. payment /mo
Active
1606-1700 MONTREAL RD Cornwall, ON K6H 1G1
UPDATED:
Key Details
Property Type Other Types
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1419471
Year Built 1948
Annual Tax Amount $21,391
Tax Year 2024
Property Sub-Type Business
Property Description
Seize this unique opportunity to own a well-established motel business with stunning waterfront views. The Monte Carlo Motel consists of two separate buildings on individually titled lots (Pins). This family-owned, 25-unit motel overlooks the scenic St. Lawrence River and provides a mix of accommodations across two buildings. Ten rooms are kitchenette suites, and there's also a spacious two-bedroom "owner's suite" with an office. There are 4 basement suites included in the room breakdown. Situated on two lots on either side of Bryden Ave, this motel offers daily, weekly, and monthly rentals, catering to both short-term and long-term guests. The business has been meticulously maintained with updates to ensure comfort and appeal. Financial statements are available upon signing a Confidentiality Agreement, and a VTB mortgage may be available with a 50% down payment. Don't let this exceptional opportunity pass by!
Location
Province ON
Listed by KELLER WILLIAMS INTEGRITY REALTY