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Pacific Hotel 624 Berford St 12 Room Hotel Wiarton, ON N0H 2T0 $5,500,000 CAD ($458,333 CAD/Room)
Investment Highlights
- 42 ft x 207 ft parking lot included in the sale.
- High-traffic tourist location with heavy value-add potential; master lease with option to purchase also considered.
- Large VTB financing with favorable terms available , financially stable operators.
- Check out virtual tour link with full Youtube video and in depth walk through.
Executive Summary
Iconic 15,000+ sq ft turnkey landmark in downtown Wiarton (Bruce Peninsula gateway) sits 3 minutes from Georgian Bay and includes a separate deeded lot for parking/redevelopment. Features multiple revenue streams: 12 hotel rooms, 4 apartments, 3 Main Street storefronts, a banquet hall, and a massive 250-seat restaurant with 2 bars.
Property Facts
| Price | $5,500,000 CAD | Building Size | 17,017 SF |
| Price Per Room | $458,333 CAD | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1883/2008 |
| Property Subtype | Hotel | Parking Ratio | 1.08/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $5,500,000 CAD |
| Price Per Room | $458,333 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Building Size | 17,017 SF |
| No. Rooms | 12 |
| No. Stories | 3 |
| Year Built/Renovated | 1883/2008 |
| Parking Ratio | 1.08/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $230.00 CAD | - |
| Guest Room | 11 | $170.00 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Keller Williams Realty Associates – Larose Team
Pacific Hotel | 624 Berford St
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