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$5,450,000
Available - For Sale
Listing ID: X13153178
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
Price $5,450,000
Taxes: $32,702.66
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Owner
Address: 92 COURTHOUSE Square , Goderich, N7A 1M7, Huron
Postal Code: N7A 1M7
Province/State: Huron
Legal Description: LT 122 PL 457 TOWN OF GODERICH; PT LT 12
Directions/Cross Streets: Courthouse Sq & South St
No. of Pieces Level
Washroom 1 0
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Washroom 15 0
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Washroom 18 0
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Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
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Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 26,456
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 100+
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 08AM-8P
Employees #: 10
Seats: 383
Maintenance: 0
Vacancy Allowance: 0
Expenses Actual/Estimated: $Act
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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ZOLO REALTY

92 COURTHOUSE Square , Goderich, N7A 1M7, Huron

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Maria Tompson
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At a Glance:
Type: Com - Sale Of Business
Area: Huron
Municipality: Goderich
Neighbourhood: Goderich (Town)
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Lot Size: x 0.00(Feet)
Approximate Age: 100+
Tax: $32,702.66
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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