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For Sale · Hospitality

30 JOHN Street, Port Dover

30 JOHN Street, Port Dover, ON N0A1N7

$1.9M total

7,200 SF

Asset Class

Hospitality

Size

7,200 SF

Building class

A

Zoning

CHY — Highway Corridor

$ / SF

$257

Occupancy

87%

Lot Size

0.6 ac

About this property

Beautifully renovated 13-room inn located in the heart of Port Dover, just a short walk to the beach and marina. Property includes a fully leased 45-seat restaurant with commercial kitchen and 30-seat patio, providing stable rental income. Excellent high-traffic visibility and prime tourist location. Recent upgrades include: fire hood and suppression system (approved), commercial-grade laundry and hotel equipment, all guest rooms renovated with new flooring and paint, updated hallway carpeting, plus new exterior patio and walkway. Large list of renovations and chattels available to serious buyers. Turnkey investment opportunity with strong income potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.85M
Down payment30% · $555K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$107K

Annual cash flow

$5K

Cash-on-cash

0.86%

DSCR

1.05

Going-in cap

5.80%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics6,278 SF2029-05

Area demographics

Trade area within 3 miles of the property.

Population

42,152

Households

16,487

Median income

$135,500

Median age

38.9

Daytime population

48,946

5-yr growth

6.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 30 JOHN Street, Port Dover.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.