1 Water - Apartments FOR SALE


Little Curren, ON P0P 1K0
$1,499,000 CAD
705-968-0030
1 Water, Little Curren, ON for Sale
$1,499,000 CAD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1 Water
Little Curren, ON P0P 1K0


HIGHLIGHTS

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

OVERVIEW

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. FINANCIALS AND CASH FLOW documentation available upon request.

FOR SALE DETAILS

PRICE

$1,499,000 CAD

PRICE/SF

$109 CAD /SF

# OF UNITS

17

PRICE/UNIT

$88,176

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anchor Inn Hotel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1888

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

511902000400200

ASK ABOUT THIS PROPERTY

Rob NorrisJA Rolston Ltd.More Info
705-968-0030

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Rob NorrisJA Rolston Ltd.More Info
705-968-0030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.