There is a Map Surveyed and Drawn in 1874 by Thomas C. Brownjohn that shows Martin's Wharf extending from the beach side of the "inlet" to the peninsula that extended from the bay shore on the north southward toward what was known as "The Island" (Crooks Island at one time, and another name I can't remember right now, at another time) at times of high water. In periods of low water the peninsula and "Island" were all one.The wharf (bridge?) extended to the peninsula and continued out into the Bay. (It appears to be two wharves, one on each side, rather than one crossing the land like a bridge, but it might have been.)
Thomas Martin owned the property opposite his wharf, on both sides of the road, with a large building on the bay side and four buildings on the lake side, and the nearest to the road (of those) running parallel to the road, is marked "Hotel". (It was known at least at one time, as "Martin's Pleasure Gardens".)
All of that was north of John Dynes' property. There were 4 buildings on his, all on the lake side on that large piece of property that included both sides of the road. The largest building, by far, isn't marked "Hotel", but the shape is right. Opposite the buildings was a wharf on the bay, much smaller than Martin's wharf, and well south of the southern tip of the island.
I have seen a contemporary engraving of the collapse of Martin's Wharf, but I have never seen the article (do you have a date for the accident?) and would also like information about the application for the Hotel Licence.