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The Anchor Inn 1 Water

34 Room Hotel Little Curren, ON P0P 1K0 $1,499,000 CAD ($44,088 CAD/Room)

Investment Highlights

  • 136-year-old iconic landmark business
  • 17 rental units for income
  • Restaurant, bar, and catering services

Executive Summary

The Anchor Inn, a 136-year-old landmark business in Little Current, Manitoulin Island, offers a unique and thriving investment opportunity. Located directly across from the bustling town docks, this iconic property features a spacious dining room/restaurant, a popular bar, catering services, and 17 rental units. With strong financials and excellent cash flow, the Anchor Inn is a cornerstone of the local community and a well-established part of Manitoulin Island's tourism industry. Consistent upgrades and meticulous upkeep under both current and past owners have maintained its status as a premier destination.

Property Facts

Price $1,499,000 CAD
Price Per Room $44,088 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.41 AC
Building Size 13,812 SF
No. Rooms 34
No. Stories 3
Year Built 1888
Corridor Interior

Amenities

  • Restaurant
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $80.00 CAD -
Guest Room 29 $55.00 CAD -
  • Listing ID: 34004814

  • Date on Market: 2024-11-26

  • Last Updated:

  • Address: 1 Water, Little Curren, ON P0P 1K0

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