650 King Street E, Gananoque, Ontario

$5,500,000

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58

Baths

2

Square feet

1.69

Acres

About 650 King Street E

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. (id:6289)

Features of 650 King Street E

Listing # X12176480
Price $5,500,000
Bathrooms 58.00
Square Footage 2
Acres 1.69
Type Business

Community Information

Address 650 King Street E
Subdivision 05 - Gananoque
City Gananoque
Province Ontario
Postal Code K7G1H3

Amenities

Amenities Highway
Features Irregular lot size
Parking Spaces 88
Is Waterfront No
Has Pool No

Interior

Heating Electric Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Listing Details

OfficeCENTURY 21 PEOPLE'S CHOICE REALTY INC.

Listing Map

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