20 Front Street, Saugeen Shores — For Sale in Saugeen Shores
0 bed · 0 bath · Investment for sale in Saugeen Shores.
20 Front Street, Saugeen Shores, ON N0H 2L0
About This Property
Now for sale at 20 Front Street in Saugeen Shores: a 0-bedroom, 0-bathroom investment listed at $10,000,000.
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 on request estimates $500+ nightly stays in high season and 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 Specifications
| MLS® Number | X13041094 |
|---|---|
| Status | For Sale |
| List Price | $10,000,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 0.454 sq ft |
| Address | 20 Front Street, Saugeen Shores, ON N0H 2L0 |
| City | Saugeen Shores |
| Postal Code | N0H 2L0 |
Listing Contracted With: STRIVE REALTY LTD.
