13
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$10,000,000
Est. payment /mo
19,762.52 Acres Lot
Active
20 FRONT STREET Saugeen Shores, ON N0H2L0
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Saugeen Shores
MLS® Listing ID X13041094
Lot Size 19762.520 Acres
Acres 19762.52
Property 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 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://strive-realty.aryeo.com/sites/egbnjdal/unbranded
Listed by STRIVE REALTY LTD.
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