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    For Sale - 189-193 High Street, Saugeen Shores, Ontario

    Est payment $11,812/mo
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    Views   1
    Time on Jump  18 day

    AI Summary *

    • Prime mixed-use investment with a 6% CAP rate in a desirable location.
    • Two extensively renovated buildings with high-end finishes and quality tenants.
    • Mix of commercial and residential units ensuring stable income streams.
    • Steps from the beach and close to dining and shops for convenience.
    • Dedicated parking enhances tenant retention and property appeal.




    Exceptional 6% cap mixed-use investment opportunity at 189-193 high street in the heart of southampton. Offered together as one package, these two extensively rebuilt and renovated buildings feature high-end finishes and a desirable mix of commercial and residential units, all fully leased with quality tenants in place, delivering immediate income and long-term investment stability. Located just steps from southampton beach and approximately 20 minutes from bruce power, the property benefits from strong demand in one of ontario's most sought-after lakeside communities. At 189 high street, the main level offers a well-positioned commercial space with two updated residential apartments above. 193 high street includes a prominent commercial unit, a main-floor residential suite, and two additional residential units on the upper level. The residential mix offers versatile layouts including two-bedroom units, one-bedroom suites, and a one-bedroom plus den, appealing to a wide range of professional and long-term tenants. Each unit has been thoughtfully modernized with premium finishes, creating attractive, turn-key spaces that continue to draw stable, high-quality tenants. Dedicated parking for tenants further enhances convenience and long-term tenant retention. With excellent main street visibility, strong tenant demand, and proximity to beaches, restaurants, and shops, this property represents a rare opportunity to acquire a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community. Rent roll, financials, and additional photos are available upon request. Additional opportunity: 174 high street is also available for purchase, creating the potential to assemble a *larger portfolio of prime mixed-use real estate along southampton's main commercial strip.
    Listing IDX12863194
    Address189-193 High Street
    CitySaugeen Shores, Ontario
    Price$2,459,900
    StyleIndustrial
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype IndustrialHeating / Cooling Gas Forced Air Open

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    Listing Agency:  Real Broker Ontario Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    189-193 High Street
    Saugeen Shores , Ontario
    $2,459,900
    Get more info