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1700-1606 Montreal Road Cornwall, Ontario K6H 1G1

$1,980,000

OPERATING FAMILY RUN MOTELS ARE MORE DIFFICULT TO FIND THESE DAYS! The "Monte Carlo Motel" in Cornwall is an established 25 unit family motel business overlooking the scenic St Lawrence River. Ten of the rooms are kitchenette motel suites + there is a full 2 bedroom "owners suite + office". There are 4 basement suites included in the room breakdown. This motel business property & opportunity is located on two separate lots located on the east & west side of Bryden Ave in Cornwall with individual titles(PIN). Most of the rooms are air conditioned & the Motel has been maintained with updates. There are presently approximately 10 suites rented on a monthly motel suite rental basis to stabilize income during winter season & should be converted back to daily rentals to increase revenue. Resent Financial statements are available along with equipment list and chattels list when a Confidentiality Agreement is signed. The Seller(s) requires 3 full business days to deal with any/all offer(s). (id:37742)

Business

Business Type Accommodation, Other
Business Sub Type Motel, Other
Name Monte Carlo Motel

Property Details

MLS® Number 1284032
Property Type Business
Neigbourhood View of Cornwall's Waterfront
Parking Space Total 14

Building

Constructed Date 1961

Land

Acreage No
Size Depth 101 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 101 Ft (irregular Lot)
Size Total Text 50 Ft X 101 Ft (irregular Lot)
Zoning Description Residential 20

https://www.realtor.ca/real-estate/24219816/1700-1606-montreal-road-cornwall-view-of-cornwalls-waterfront

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