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$2,429,900
Available - For Sale
Listing ID: X12863200
Exceptional 6% CAP mixed-use investment in the heart of Southampton. This fully leased 9-unit building has been extensively rebuilt and renovated, offering a rare opportunity to acquire a like-new asset with stable income and long-term reliability. The property features 3 ground-floor commercial units with prime main-street frontage and exceptional exposure, positioned just steps from Southampton Beach. These highly visible spaces attract established, quality commercial tenants benefiting from strong pedestrian traffic and the area's vibrant tourism economy.The upper levels feature 6 beautifully finished residential units with a desirable mix of 3 studios, 1 one-bedroom, 1 one-bedroom + den, and 1 two-bedroom apartment. Each suite has been thoughtfully modernized with contemporary finishes, creating turn-key living spaces that attract high-quality long-term tenants seeking modern accommodations in one of Ontario's most desirable lakeside communities.Amenities include an elevator, dedicated parking for all units, and a rooftop patio, enhancing tenant experience and long-term retention. With full occupancy and a strong tenant roster, this property has proven to deliver consistent, reliable performance for investors seeking stability and minimal capital requirements.Located just 25 minutes from Bruce Power, the building benefits from strong demand from both residential and commercial tenants. This is a rare opportunity to own a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community.Rent roll, financials, and additional photos available upon request.Additional Opportunity: The neighbouring property at 189-193 High St is also available for sale, presenting a rare opportunity to acquire a *larger portfolio of prime mixed-use real estate along Southampton's main commercial strip.
Price $2,429,900
Taxes: $23,930.64
Tax Type: Annual
Occupancy by: Tenant
Address: 174 High Street , Saugeen Shores, N0H 2L0, Bruce
Postal Code: N0H 2L0
Province/State: Bruce
Directions/Cross Streets: Albert St N & High St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Unit
Building Percentage: T
Total Area: 8,944
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Sprinklers: Part
Rail: N
Clear Height Feet: 0
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Radiant
Central Air Conditioning: Yes
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Real Broker Ontario Ltd.

174 High Street , Saugeen Shores, N0H 2L0, Bruce

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Industrial
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style:
Lot Size: x 120.00(Acres)
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Tax: $23,930.64
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908