$1,980,000
1700 & 1606 Montreal Road. 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:59142)
Business
Business Type
|
Accommodation |
Business Sub Type
|
Motel |
Name
|
Monte Carlo Motel |
Property Details
MLS® Number
|
X10419257 |
Property Type
|
Business |
Neigbourhood
|
Stormont |
Community Name
|
717 - Cornwall |
Parking Space Total
|
17 |
Building
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
115 Ft ,6 In |
Size Frontage
|
50 Ft ,1 In |
Size Irregular
|
Unit=50.1 X 115.5 Ft ; 1 |
Size Total Text
|
Unit=50.1 X 115.5 Ft ; 1 |
Zoning Description
|
Res 20 |
https://www.realtor.ca/real-estate/27629796/1606-montreal-road-cornwall-717-cornwall