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Date Listed 11-Nov-16
Price
$465,000.00
Address 50 Main St, Gananoque, ON K7G 2L7, Canada
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For Sale By Owner
More Info Restaurant & Catering Equipment

Location, Location, Location, All I can say is WOW !!!!! Incredible Real Estate / Business opportunity below market cost. Just off 401, near the Casino and the Bridge to USA. This Historic Mansion Inn is for Sale with a Restaurant Bar area overlooking the gateway to The 1000 Islands in Gananoque, 2 hours from Toronto.
This Restaurant / Bar - 24 room B & B / Inn property is 124' wide, comprises of 3 full floors of living space , 4th floor lookout tower with spiral staircase, and a full walkout basement . Current design has setup for 11 bedrooms , 9 washrooms plus restaurant area.
Zoning is Commercial Multi-Purpose so anything you want to do here is allowed. There is also the option to convert back to residential zoning and live in the Mansion you always dreamed of. This property was operating for over 100 years successfully with the Restaurant / Bar operating on the main floor with the Inn on upper floors. Property was severed 3 years ago from Comfort Inn next door for expansion and is currently under renovation. Other business uses could be Health/Yoga Retreat , Boarding School, Conference Centre, Rehab Centre or Retirement Home to name a few.

What's really amazing is the central location. Just park your car and walk 1 block to the Boat tours, Beaches, Kids Waterpark, Bandshell, the Marina, the Museums, Shopping, and the Restaurants, everything is easy walking distance from this Landmark Gananoque location. This is one of the best tourist areas near Toronto, Ottawa, Montreal and USA market. Casino just 5 min drive at 401 Hwy and bridge to USA is right here also. What an opportunity!!!! Don't miss out...

Price includes these renovations / upgrades and more installed October - November 2016)
$50,000 new roof using Certain Teed Landmark Heritage Shingles with complete new eavestrough system ,$6,000 New city sewer and water hookups, and $20,000 new 400 Amp Electrical main service from road to building. You will need to complete interior to your specifications and final exterior cladding finishes

Private sale offered at $465,000 for property without further renovations. Price on property would be $1,000,000+ when reno completed. I can do the work or do it yourself and save $$$$$$

Please call me for more info-- Jeremy 647-888-5589

Gananoque Area Video https://www.youtube.com/watch?v=ad6YyycwHSE
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