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$ 2,225,000
Est. payment | /mo
6,500 SqFt
$ 2,225,000
Est. payment | /mo
6,500 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $342
Subdivision Saugeen Shores
MLS Listing ID X12443980
Annual Tax Amount $12,186
Tax Year 2024
Property Sub-Type Investment
Property Description
Highway Commercial Opportunity | Motel + Restaurant + Residential Units | 1 Acre Lot. Turnkey HC investment on 1 acre in the heart of Saugeen Shores. This property offers multiple income streams: a motel with independent heat pumps (4 units with kitchenettes, 8 Studio Units + full basement with laundry potential), plus a main building with 4 separate units: Unit 1; motel check-in office, Unit 2; 2-bedroom apartment, Unit 3; 4-bedroom apartment, and Unit 4; restaurant with full basement. High-visibility frontage on Hwy 21 ensures consistent traffic flow and being top of mind with customers. With Saugeen Shores ranked as one of Ontarios fastest-growing communities, demand is fueled by Bruce Powers ongoing expansion and the areas popularity with retirees and seasonal residents. A rare opportunity to own, operate, or expand in a thriving market!
Location
Province ON
County Bruce
Community Saugeen Shores
Area Bruce
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 185.42
Others
ParcelsYN No
Listed by Royal LePage Exchange Realty Co.
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.