- What A private owner is looking to offload the Wallaceburg Inn
- Why The valuation works out to about $100,000/room
- What next Century 21 People’s Choice Realty has the assignment
A hotel near the Canada-U.S. border in southern Ontario is on the block for $4.7m.
Century 21 People’s Choice Realty has the assignment for the 47-room Wallaceburg Inn, in Wallaceburg, on behalf of a private owner.
The valuation works out to $100,000/room. The offering includes an acre of excess land. The Wallaceburg Inn previously operated as a Days Inn, a Wyndham Hotels flag.
Recent upgrades include a new metal roof, new waterproof flooring and new furniture in all guest rooms. The property has on-site parking and is adjacent to a restaurant.
At 76 McNaughton Avenue, the hotel is 13 km from the U.S. border, 25 km from Chatham and 43 km from Sarnia. The Sarnia Chris Hadfield Airport is 46 km away.
