20 Front Street, Saugeen Shores, ON N0H 2L0
$6,999,999
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.
Property summary
Property
| Lot size | 19762.52 |
| Lot width | 66.05 |
| Lot depth | 304.72 |
Power & Services
| Heating type | Other |
| Utilities | Available |
Zoning & Taxes
| Taxes / yr | $14,508 |
| Tax year | 2025 |
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Data provided by TRREB. Listed by Strive Realty Ltd..