Overview

Property ID: 40518725
  • Building and Land, Hospitality
  • Property Type
  • 0
  • Bedroom

Description

The Paradise Inn is a rare gem on the shores of Lake Huron and the only hotel located on Port Elgin’s sandy beachfront. This fully renovated, 10-room boutique hotel is just steps to the Port Elgin Harbour.

This two-storey hotel features a main floor presidential suite with a full kitchen, living room area, king bed, pullout queen bed, private deck, fireplace, massive flat-screen TV and spa like bath. The majority of guest rooms have two queen beds or two double beds with standard amenities inclusive of a small fridge, coffee maker, microwave, and bathrobes. Guests have access to a main floor common kitchen, an extensive outside deck with a BBQ, and outdoor seating.

High-speed Internet is available throughout the property. There is also a ground floor room used for administration, supplies and laundry.

Current ownership invested approximately $800,000 to fully renovate the Hotel. Capital investment included extensive landscaping, structural repairs, electrical upgrades, new heating and air conditioning, state-of-the-art security installation and full guest room, bathroom and corridor renovations, amongst other items.

The Paradise Inn will directly benefit from the Cedar Crescent Village development that will serve as a premier year-round destination at the beach for visitors to rest, eat, and shop.

  • Address Mill
  • City Port Elgin
  • State/county Bruce
  • Zip/Postal Code N0H 2C0

Details

Updated on January 24, 2024 at 11:29 am
  • Property ID: 40518725
  • Price: $2,750,000
  • Land Area: 0.19 Acres
  • Bedroom: 0
  • Property Type: Building and Land, Hospitality
  • Property Status: Commercial Sale

Additional details

  • PhotosCount: 17
  • BuildingName: Paradise Inn
  • ITSO_NumberOfBachelorUnits: 0
  • ITSO_CoListAgent2Designation: Salesperson
  • ITSO_SurveyType: Available
  • ListingKeyNumeric: 145664172
  • MajorChangeType: New Listing
  • MLSAreaMajor: 4 - Saugeen Shores
  • TaxAnnualAmount: 3491
  • ITSO_NumberOfStudioUnits: 0
  • OriginatingSystemName: Mississauga
  • MlsStatus: Active
  • StreetNumber: 188
  • ListingKey: 473a80aa58eda527b742ca9872d32491
  • ITSO_NumberOfEfficiencyUnits: 0
  • ITSO_StreetViewParam: 1$44.44297067$-81.40171789$145.21$13.33$1.00$qx9agIndG6hFzqz9VvU5tQ
  • Directions: Mill Street and Harbour Street
  • ITSO_NumberOfOtherUnits: 0
  • InternetAddressDisplayYN: 1
  • LotSizeSource: GeoWarehouse
  • WaterSource: Municipal
  • StoriesTotal: 2
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • DirectionFaces: West
  • ITSO_NumberOfPenthouseUnits: 0
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 7502.44
  • CoListAgentDesignation: Salesperson
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • ITSO_CommercialDoorsCount: 0
  • MajorChangeTimestamp: 2023-12-01T00:46:28.193Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2023-11-30
  • MLSAreaMinor: Saugeen Shores
  • FarmLandAreaUnits: Square Feet
  • Zoning: Commercial Recreational
  • ITSO_StatusContractualSearchDate: 2023-11-30
  • Basement: Crawl Space
  • PhotosChangeTimestamp: 2023-12-01T01:05:39.077Z
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • FrontageLength: 45.72
  • BridgeModificationTimestamp: 2023-12-04T18:12:20.316Z
  • FrontageType: West
  • ParcelNumber: 332690081
  • ITSO_CurrentPrice: 2750000
  • StreetSuffix: Street
  • ModificationTimestamp: 2023-12-04T18:07:43.347Z
  • ITSO_CommonInterest: Freehold/None
  • BusinessName: Paradise Inn
  • BelowGradeFinishedAreaUnits: Square Feet
  • LotSizeArea: 0.19
  • Sewer: Sewer (Municipal)
  • ITSO_HoldoverDays: 180
  • LotFeatures: Marina,Other
  • NumberOfUnitsTotal: 0
  • LotSizeSquareFeet: 8276.4
  • FeedTypes: IDX

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare