For Sale - 20 Front Street, Saugeen Shores, Ontario

Est payment $33,613/mo
Views   5
Time on Jump  66 day
  • Luxury vacation property with operational potential and minimal investment needed.
  • Main building has 7 nearly complete units, with more in progress.
  • Located in quiet downtown Southampton near protected shorelines.
  • Commercial usage available on pristine shores of Lake Huron.
  • Flexibility to operate with up to 13 units total for revenue potential.



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.
Listing IDX13605490
Address20 Front Street
CitySaugeen Shores, Ontario
Price$6,999,999
StyleInvestment
Land Size19762.52
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Other
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Listing Brokerage: Strive Realty Ltd.

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20 Front Street
Saugeen Shores , Ontario
$6,999,999
Get more info