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$ 5,990,000
Est. payment | /mo
$ 5,990,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Minto
MLS Listing ID X13413134
Annual Tax Amount $23,078
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
King Hotel offers a hospitality investment set on approximately 3.50 acres in the growing town of Minto. This established hotel offers 33 spacious, guest rooms across eight distinct room styles, including luxury suites, kitchenette accommodations, and family-oriented layouts, complemented by an 80-person event room, a fully equipped gym, guest laundry facilities, and a welcoming lobby. One two-bedroom manager apartment and two newly build two-bedroom apartments provide additional income streams and operational flexibility. 20-new room expansion preliminary approvals in place providing possibility of future expansion. ALL municipal services connected, King Hotel delivers immediate cash flow with value-add potential for future growth, positioning it as a scalable hospitality platform in a supply-constrained regional market.
Location
Province ON
County Wellington
Area Wellington
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE GRAND REALTY
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