1606 & 1700 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!
MLS# | X10419257 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 71 |
Listing Provided By | KELLER WILLIAMS INTEGRITY REALTY | Not Provided |
State | ON |
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County | Stormont, Dundas and Glengarry |
City | Cornwall |
Zip Code | K6H 1G1 |
Area | 717 Cornwall |
Listing VS Median (in K6H 1G1) | |
Price: $1,980,000 low | high Med: $0 On Site: 71 low | high Med: |