Portland Hospitality Properties for Sale

Hospitality in Portland available for sale

Portland Hospitality Property for Sale

More details for 551 Little Rideau Lake Rd, Portland, ON - Specialty for Sale

The West Waterfront - VENDER TAKEBACK - 551 Little Rideau Lake Rd

Portland, ON K0G 1V0

Specialty for Sale
$2,499,999 CAD
4,500 SF

Portland Specialty for Sale - Northeast Ontario

The West Waterfront - a 14 bedrooms and 7 bathroom estate over 6 separate accommodation units plus a 1,000 sq ft *newly renovated* accessory structure for hosting events or servicing offerings. The estate is a perfect secluded setting for a hospitality establishment, wellness operation or private facility while being waterfront on the UNESCO world heritage, Upper Rideau Lake. The estate is a very private setting at a dead end street with no immediate neighbours and on a quiet waterfront Bay - allowing a variety of uses to call "The West" home. The estate also comes with secured grandfathering rights to build an additional 6 bedrooms and 3 bathrooms over three additional and separate accommodation units, with planning rights secured on title. This is a built-in value of $150k PLUS saves future owners 1.5 years of approval timeline. VENDER TAKE BACK financing possible. Willing to negotiate terms. Full operational transition kit with local trustworthy contacts. Flexible zoning with a residential waterfront designation yet secured grandfathering rights for tourist commercial. The sale can be inclusive of The West Waterfront branding and client list. The property is extraordinarily flexible!

Contact:

The West Waterfront

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-12-22

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Hospitality Properties for Sale in Portland

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How many hospitality properties are available for sale in Portland?

There are currently 1 hospitality properties available for sale in Portland, offering a unique opportunity for businesses to establish a presence.

How big are the hospitality properties available for sale in Portland?

The average size of hospitality properties available for sale in Portland is about 4,500 SF. The largest hospitality properties available to buy is 4,500 SF and the smallest is 4,500 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for hospitality properties in Portland?

The average market cap rate for hospitality properties for sale is about 8.00% based on data provided in Portland. Learn more about how cap rates are calculated.

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Hospitality Property for Sale in Portland