92 Courthouse Square, Goderich), Ontario N7A 1M7

Listed for:
$5,450,000
0 beds
0 baths
Listed 56 days ago
92 Courthouse Square, Goderich), Ontario N7A 1M7

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About

Cross Streets: Courthouse Sq & South St. ** Directions: From Toronto: Hwy 401 W to Hwy 8 W (222 km / 2 Hrs 45 min). Landmark property on Goderich's celebrated Courthouse Square, in the Lake Huron town Queen Elizabeth II called"the prettiest town inCanada."A three-storey Victorian property dating to the 1890s, offered as a turnkey real-estateasset with all furniture, fixtures and equipment included.The building holds 34 guest keys across the upper floors, a full commercial kitchen, and multiple licensed food-and-beverage venues -PaddyO'Neil's Restaurant & Pub, JoeFriday's Sports Bar, and the Duchess Room for private events and daily breakfast - with a ground-floor barber. Individually furnished air-conditioned guest rooms with private washrooms.Professionally inspected in 2022; roof replaced 2011, major mechanical systems updated 2019. Flexible C4 zoning supports continued hospitality use, boutique-hotel repositioning, or events. LLBO in place; business name, website and domain available to transfer.Approximately 2 hours 45 minutes west of Toronto via Hwy's 401 and 8, and about 70minutes from LondonInternational Airport. Steps from three Lake Huron beaches famous for their sunsets, the Huron CountyMuseum,HuronHistoric Gaol, Livery Theatre, and the shops and restaurants of the Courthouse Square. Strong tourism market.This is an asset sale. The price reflects the property as a whole - the building, the land, and everything included with it: all furniture, fixtures and equipment, the licences, and the business name - together with the value of a landmarkbuilding in a prime location on Courthouse Square. The price is not based on a multiple of the hotel's current earnings. Financial statements covering 2023, 2024 and 2025 (holdco and operating entities; 2023 and2024 accountant-compiled, 2025 internal) will be made available to the buyer and their accountant as background on how the business has operated - not as the basis of the asking price. A rare opportunity to own a landmarkincome- producing property in one of Ontario's most celebrated lakeside towns (id:27476)

Property Highlights

MLS® Number
X13153178
Type
Business
Community Name
Goderich (Town)
Land Size
82.69 FT ; Corner Lot

Building

Square Footage
26456 sqft
Amenities
Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ZOLO REALTY
MLS® number:
X13153178
Agent:
Nazan Dolanay Sherry
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