$1,980,000

Commercial For Sale In East End, Cornwall, Ontario

$1,980,000

Property Information:

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! (id:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Business
  • Built in: 1948
  • Irregular: Yes
  • Lot Depth: 115.5 Feet
  • Lot Frontage: 50.1 Feet
  • Lot Size: 50.1 ft X 115.5 ft (Irregular Lot)
  • Zoning: Res 20
  • No. of Parking Spaces: 17

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.