624 Berford St - Hospitality FOR SALE
Wiarton, ON N0H 2T0 |
$5,500,000 CAD
905-278-8866
624 Berford St
Wiarton, ON N0H 2T0
HIGHLIGHTS
- 42 ft x 207 ft parking lot included in the sale.
- Large VTB financing with favorable terms available , financially stable operators.
- High-traffic tourist location with heavy value-add potential; master lease with option to purchase also considered.
- Check out virtual tour link with full Youtube video and in depth walk through.
OVERVIEW
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.
FOR SALE DETAILS
PRICE
$5,500,000 CAD
PRICE/SF
$323 CAD /SF
# OF ROOMS
12
PRICE/ROOM
$458,333 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pacific Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1883
PARKING SPACES
13
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
CUSTOM-2468087
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905-278-8866
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905-278-8866
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
