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 142 Days.

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

Paradise Inn at the Beach! This unique boutique hotel is situated at Port Elgin’s main beach and harbour. The Paradise Inn uses the state of the art “Cloudbeds” hospitality management system so it can be run almost hands off day to day! This system books, receives payment and notifies the housekeeping staff that guests have checked out and to prepare that room for the next visitors. Cloudbeds also allows guests to check in and out seamlessly by themselves. Your guest’s Security is number one, locked coded entrances and cameras monitor sound and movements throughout the public areas scalable to your desires. Kayaks, SUP’s and fat bikes are there for you to potentially increase your revenue should you desire or just keep as an added perk for guests. The Paradise Inn is a tranquil space and caters to both couples and families, some rooms can accommodate up to 6 guests! The suites are all beautifully decorated, upgraded and have their own climate control thermostats. Some of the rooms have balconies with lake views, bathrobes, refrigerators and microwaves as well as unlimited TV access. Emergency back up natural gas generator. The location couldn’t get much better, it’s the ONLY hotel at the beach in Port Elgin. It really is all about location and the Commercial Recreational zoning this property has is all but impossible to get. There is an exciting new development approved and scheduled to commence in part of the large parking lot area across the road that is to include boutique shops, fine dining, volleyball facilities, ice skating and more and will be a premiere year-round destination. All your guests will be able to enjoy our World class sunsets right from the hotel or across the road at the beach, no charge! The Inn is quickly booking up for the 2024 season, if you move quickly you can benefit from this income. CLICK THE MULTIMEDIA OR VIRTUAL TOUR BUTTON TO ACCESS FLOOR PLANS, WALKTHROUGH AND MORE. (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
  • $803,862 Average List Price
    based on 1 year
  • 58 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 213.79 % Up
  • Sold (12mo) 10
  • Rented (12mo) 1

  • 1 Month Change +3.3%
  • 3 Month Change -5.4%
  • 6 Month Change -4.2%
Walkscore
Property Type Distribution
  • All Houses
    73.43%
  • Commercial
    16.73%
  • Condo
    3.97%
  • Land for Sale
    5.87%
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 Employment Industrial- E2
  • Agent Name: TRACY DOLL,LARRY LEONARD
  • Address Subdivision: Saugeen Shores
  • Last Updated: 12/08/2024 14:16:03
Open House Dates
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