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For Sale

20 Front Street, Saugeen Shores, ON N0H 2L0

$6,999,999

  • Investment
  • MLS® X13605490

Listing Brokerage: Strive Realty Ltd.

Description

Rare Opportunity Alert! This Luxury Vacation Property Is Ready for a New Owner , Operational With a Small Investment of capital. Main building with 7 units is close to occupancy with the remaining 4-5 units halfway there. Elegant design throughout and no expense spared on implementation. Market peak appraisal showing 13 million dollars! Located in the quiet, vibrant and fully serviced downtown of Southhampton- an area with mostly protected shorelines. A rare building with commercial uses directly on the pristine soulful shores of lake Huron. Area influences include the Bruce Power Plant with strong salaries and a workforce that will keep vacancy rates to a minimum. Prospectus available, estimated 1.8 gross revenue (after vacancy estimates based on intended operation.) Flexibility in completion plan to operate with 11-13 units total. VTB is an option at desirable rates. View unbranded video tour for a more detailed look at the property. Buyer to complete their own diligence.

Property details

MLS® number
X13605490
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Saugeen Shores
City
Saugeen Shores
Building area
0.454 Acres
Lot width
66.05 Feet
Lot depth
304.72 Feet
Heating
Other
Cooling
Yes
Garage
None
Taxes
$14,508.00
Tax year
2025
Business type
Cabins/Cottages
Listing brokerage
Strive Realty Ltd.

View virtual tour

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