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92 COURTHOUSE Square

92 COURTHOUSE Square

Goderich, ON

  • 26,456 sqft
  • Sale Of Business
$5,450,000

Landmark property on Goderich's celebrated Courthouse Square, in the Lake Huron town Queen Elizabeth II called"the prettiest town inCanada."A three-storey Victorian property dating to the 1890s, offered as a turnkey real-estateasset with all furniture, fixtures and equipment included.The building holds 34 guest keys across the upper floors, a full commercial kitchen, and multiple licensed food-and-beverage venues -PaddyO'Neil's Restaurant & Pub, JoeFriday's Sports Bar, and the Duchess Room for private events and daily breakfast - with a ground-floor barber. Individually furnished air-conditioned guest rooms with private washrooms.Professionally inspected in 2022; roof replaced 2011, major mechanical systems updated 2019. Flexible C4 zoning supports continued hospitality use, boutique-hotel repositioning, or events. LLBO in place; business name, website and domain available to transfer.Approximately 2 hours 45 minutes west of Toronto via Hwy's 401 and 8, and about 70minutes from LondonInternational Airport. Steps from three Lake Huron beaches famous for their sunsets, the Huron CountyMuseum,HuronHistoric Gaol, Livery Theatre, and the shops and restaurants of the Courthouse Square. Strong tourism market.This is an asset sale. The price reflects the property as a whole - the building, the land, and everything included with it: all furniture, fixtures and equipment, the licences, and the business name - together with the value of a landmarkbuilding in a prime location on Courthouse Square. The price is not based on a multiple of the hotel's current earnings. Financial statements covering 2023, 2024 and 2025 (holdco and operating entities; 2023 and2024 accountant-compiled, 2025 internal) will be made available to the buyer and their accountant as background on how the business has operated - not as the basis of the asking price. A rare opportunity to own a landmarkincome- producing property in one of Ontario's most celebrated lakeside towns

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Listing Details

Taxes (2025)
$32,703
Listed
May 21, 2026

Price History

Property

Age
100+

Parking

Garage
None

Location & Legal

Cross Street
Courthouse Sq & South St
Zoning
C4
Parcel Number
411300037
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Hotel/Motel/Inn

Included

Inclusions
Sale includes the real property together with all chattels, furniture, fixtures and equipment used across the hotel, the commercial kitchen,PaddyO'Neil's, Joe Friday's and the Duchess Room, per the detailed FF&E schedule provided on execution of a Confidentiality Agreement.Businessname, website and domain included. LLBO in place
Exclusions
Seller's personal effects and items specifically identified as owner's personal property. Consumable inventory (food,beverage, supplies) to be purchased separately at cost as at closing date. Any leased equipment under third-party contracts to be disclosed.
Rental Items
2 boilers - $350 / month.

Community

Postal area N7A

Population
12,495
Private dwellings
6,687
Median age
55.2
Average household size
2.2
Median household income
$74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Goderich · last 12 months

Median sold price
$560,973
Homes sold
127
Median days on market
38
Sale-to-list price
96.7%

Based on 127 recorded sales of commercial properties in Goderich over the last 12 months.

Listed by

ZOLO REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
26,456 sq ft
Price per sq ft
$206.00
Annual property tax
$32,703
Tax per sq ft
$1.24

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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