72 Colborne Street
Goderich, ON
- 7 bath
- 3,986 sqft
- Investment
- 74 days on market
An exceptional opportunity to acquire one of Goderich's most recognized and highly rated hospitality businesses. Operating as a successful 5-star Bed & Breakfast, this landmark property combines historic character, proven income potential, and an enviable lifestyle in one of Ontario's most beloved lakeside communities. Set within a beautifully maintained red brick century home, the business features five guest suites, each thoughtfully designed to provide comfort, privacy, and an outstanding guest experience. Approximately 3,400 square feet spread across three levels offers ample space for both guests and owners while allowing for efficient day-to-day operations. The property has been carefully configured for hospitality use, with a spacious guest dining room that accommodates breakfast service and offers potential for workshops, retreats, meetings, and special events. The service area is exceptionally equipped with two refrigerators, two ovens, double laundry facilities, a second sink, generous prep space, and a large island designed to support high-volume guest service.Original architectural details including oak flooring, stained glass windows, soaring ceilings, elegant millwork, and a grand staircase create an atmosphere guests remember and return for. Outdoor amenities include a welcoming front porch, rear deck, pergola, landscaped grounds, and secure storage for bicycles and recreational equipment. Located just steps from Goderich's vibrant downtown square, guests enjoy walkable access to restaurants, boutique shopping, festivals, the farmers' market, and community events. The shores of Lake Huron and its world-famous sunsets are only a short stroll away.Ideal for hospitality professionals, entrepreneurs, or lifestyle buyers seeking a turnkey business, this offering represents more than a real estate purchase-it is an opportunity to own a thriving business, continue a respected legacy, and become part of one of Ontario's premier tourism destinations.
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Listing Details
- Taxes (2025)
- $6,703
- Listed
- June 23, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 104 x 60 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Colborne St and Church St
- Zoning
- R2-7
- Parcel Number
- 411260058
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Bed & Breakfast
Included
- Inclusions
- See Schedule B
- Exclusions
- Personal Items
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
- $562,986
- Homes sold
- 130
- Median days on market
- 38
- Sale-to-list price
- 96.6%
Based on 130 recorded sales of commercial properties in Goderich over the last 12 months.
Listed by
Royal LePage Heartland Realty
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 3,986 sq ft
- Price per sq ft
- $288.48
- Annual property tax
- $6,703
- Tax per sq ft
- $1.68
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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