Share This Listing

Message

952 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Anchor Inn Hotel 1 Water 17 Unit Apartment Building $1,450,000 CAD ($85,294 CAD/Unit) Little Curren, ON P0P 1K0

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 17 rental units for income
  • 136-year-old iconic landmark business
  • Restaurant, bar, and catering services

EXECUTIVE SUMMARY

The Anchor Inn, a 136-year-old landmark business in Little Current, Manitoulin Island, offers a unique and thriving investment opportunity. Located directly across from the bustling town docks, this iconic property features a spacious dining room/restaurant, a popular bar, catering services, and 17 rental units. With strong financials and excellent cash flow, the Anchor Inn is a cornerstone of the local community and a well-established part of Manitoulin Island's tourism industry. Consistent upgrades and meticulous upkeep under both current and past owners have maintained its status as a premier destination. FINANCIALS AND CASH FLOW documentation available upon request.

PROPERTY FACTS

Price $1,450,000 CAD
Price Per Unit $85,294 CAD
Sale Type Investment
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.76 AC
Building Size 13,812 SF
No. Stories 3
Year Built 1888
Zoning C1 - Commercial

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 17 - -
  • Listing ID: 34815827

  • Date on Market: 2025-02-13

  • Last Updated:

  • Address: 1 Water, Little Curren, ON P0P 1K0

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}