20 Front Street,Saugeen Shores, ON N0H2L0
Saugeen Shores, ON N0H2L0
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. (id:13843)
Details
| MLS # | X13605490 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | Strive Realty Ltd. | John Haze |
Features
| Zoning | C4 |
|---|---|
| Acreage | 19762.52 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Other |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 14508 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Saugeen Shores |
| Postal Code | N0H2L0 |
| Listing VS Median (in N0H2L0) | |
Price: $6,999,999 low | high Med: $669,000 On site: 91 low | high Med: 33 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Saugeen Shores |
| Postal Code | N0H2L0 |
| Listing VS Median (in N0H2L0) | |
Price: $6,999,999 low | high Med: $669,000 On site: 91 low | high Med: 33 | |