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! (id:47421)
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Detailed Information
Lot
50.08 x 115.5 ft
Listing Contract Date
2024-11-07
Location Description
From Cornwall, go East on Montreal road until Bryden Ave. Motel is on the corner of Montreal Road and Bryden Ave
# of Parking Spaces
17
Property Type
Business
Transaction Type
For sale
Zoning Description
Res 20
Business
Business Type
Accommodation
Business Subtype
Motel
Name
Monte Carlo Motel
Building
Utility Water
Municipal water
Land
Total Size
Unit=50.1 x 115.5 FT ; 1
Size of Irregular Land
Unit=50.1 x 115.5 FT ; 1
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