Multi-Revenue Hospitality & Commercial Investment Opportunity

Investment Overview

A unique opportunity to acquire an established hospitality property with multiple income streams, significant land, and substantial upside potential.

Built in 1941 and situated on over one acre of land, Dover Hotel offers a compelling combination of hospitality, entertainment, retail, and development potential. The property currently benefits from several established revenue sources, while additional opportunities exist to increase income and unlock the value of the property.

KEY INVESTMENT HIGHLIGHTS

• Over 1 acre of land providing flexibility for future use and development
• 22 guest rooms, with 12 currently operational
• Opportunity to bring additional guest rooms into operation following required electrical-system upgrades
• 30 VLTs, providing an established entertainment revenue stream
• Lounge and Restaurant providing food, beverage, and hospitality revenue
• Liquor Store providing an additional retail revenue stream
• Convenience Store serving local customers and hotel patrons
• ATM income providing supplementary revenue
• Hotel room rentals adding accommodation revenue
• Three lots that could potentially be sold separately, providing an opportunity to generate additional capital
• No asbestos in the building, potentially simplifying future renovation and upgrading work