C$3,999,900

INVESTMENT & RE-DEVELOPMENT OPPORTUNITY on 41 ACRES | THOUSAND ISLANDS / GANANOQUE | HIGHWAY 401. A rare opportunity to acquire approximately 41 acres of strategically located commercial land in one of Eastern Ontario's premier tourism destinations. Located immediately off the Highway 401 corridor near Gananoque and the Thousand Islands, this substantial property offers exceptional visibility, accessibility and long-term redevelopment potential.Currently zoned CT-21 Tourist Commercial Special Zone, the property presents an exciting opportunity for investors, developers and hospitality groups looking to capitalize on the strength of the Thousand Islands tourism market. EXPLORE THE POSSIBILITIES. Potential re-development concepts may include, subject to applicable zoning and municipal approvals: Destination resort or hospitality development hotel, lodge or tourism accommodations recreation and adventure-based tourism destination retail & entertainment event or conference facilities, expanded tourism attractions, aviation-related commercial uses, mixed tourism-commercial concepts, large-scale commercial or recreational development, other innovative destination uses. The property currently features an established commercial facility with approximately 4,500 sq. ft. of existing building area, including hangar, reception and administrative space, providing an existing infrastructure base while a purchaser evaluates future re-development with approximately 41 acres, substantial road frontage and direct proximity to Highway 401. This is an opportunity to acquire a significant commercial landholding in the 1000 Islands tourism corridor. ***Kouri's Kopters Inc. & 1000 Islands Helicopter Tours also available for purchase for an additional $1,499,000. This established helicopter business may be acquired in conjunction with the property, providing a unique opportunity to purchase both the real estate and an operating aviation business*** (id:41202)