For Sale

188 MILL Street, Port Elgin, Ontario N0H2C0

$1,999,999

188 MILL Street, Port Elgin, Ontario N0H2C0 is For Sale and has a listing price of 1,999,999. The property is located in the Saugeen Shores neighbourhood. It's been on the website for 196 Days.

  • Hospitality
    Property Type
  • MLS ID: 40579077
  • Office Name Royal LePage D C Johnston Realty Brokerage,Royal L
Property Description

Fall into Ownership! Secure Your Dream Boutique Hotel Before Spring! Imagine welcoming guests to your very own charming boutique hotel as the flowers bloom and the sun shines bright in beautiful Port Elgin. Now is the perfect time to purchase the Paradise Inn, perfectly situated at Port Elgin’s main beach and harbour, and be ready to hit the ground running by Spring. This boutique hotel offers effortless operations with the cutting-edge Cloudbeds hospitality management system, ensuring a seamless guest experience, full training included. Enjoy peace of mind with top-notch security features, including coded entrances and surveillance cameras. Enhance revenue potential by taking advantage of the included kayaks, SUPs, and fat bikes to boost revenue or provide an unforgettable experience for your guests. With freshly decorated suites, individual climate control, and stunning lake views from private balconies, The Paradise Inn caters to couples and families alike. Unbeatable Location & Amenities. As the only hotel directly on the beach in Port Elgin, Paradise Inn boasts: Commercial Recreational zoning, a rare find, breathtaking world-class sunsets right from the hotel or at the beach, nearby proposed development featuring boutique shops, fine dining, volleyball courts, ice skating, and more, emergency backup natural gas generator for added peace of mind. Act now to secure your dream boutique hotel and capitalize on the upcoming Spring season. Coded entrances and surveillance cameras for top-notch security, included kayaks, SUPs, and fat bikes for enhanced guest experience. Explore floor plans, walkthroughs, and more through the MULTIMEDIA or VIRTUAL TOUR button. Secure your piece of paradise today and get ready to welcome guests to your charming boutique hotel in the Spring! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 40579077
  • Price: $1,999,999
  • Transaction Types: For Sale
  • Ref ID: 26840842
  • Year Built: N/A
  • Property Type: Hospitality
  • Property Type: Commercial
  • Property Sub Category: Hospitality
Price History
List Date MLS ID List Price Status End Date Closed Price
05/01/2024 40579077 $1,999,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Saugeen Shores
  • $782,507 Average List Price
    based on 1 year
  • 46 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 191.2 % Up
  • Sold (12mo) 14
  • Rented (12mo) 1

  • 1 Month Change +24.6%
  • 3 Month Change +14.5%
  • 6 Month Change +5.9%
Walkscore
  • 35 Walk Score
    Car-Dependent
  • 42 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    71.81%
  • Commercial
    19.37%
  • Condo
    3.72%
  • Land for Sale
    5.1%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Crawl Space
  • Water Municipal Water
  • Property Features Visual Exposure
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 01/05/2024 00:00:00
  • Zoning Rural Residential
  • Agent Name: TRACY DOLL,LARRY LEONARD
  • Address Subdivision: Saugeen Shores
  • Last Updated: 04/11/2024 17:26:22
Open House Dates
Want to see this property?