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662 Gustavus Street , Saugeen Shores, ON N0H 2C0
Saugeen Shores, ON N0H 2C0
Description
EXCEPTIONAL OPPORTUNITY IN THE PROGRESSIVE COMMUNITY OF SAUGEEN SHORES ON THE SHORE OF LAKE HURON. THIS PREMIER OFFICE BUILDING IS PERFECTLY LOCATED IN THE CC-3 ZONE ALLOWING A MULTITUDE OF USES. THIS 3889 SQ. FT. BUILDING HAS BEEN METICULOUSLY CARED FOR AND PROFESSIONALLY RENOVATED IN 2019 WITH THE WINDOWS REPLACED AND IS MOVE IN READY. THE PROPERTY IS IDEAL FOR PROFESSIONALS SEEKING A WELL LAID OUT AND CONVENIENTLY LOCATED WORKSPACE TO GROW THEIR BUSINESS. THE BUILDING CURRENTLY HAS 2550 OF USUABLE SQUARE FOOTAGE LEASED TO A PREFERRED TENANT. OFFERING A GREAT RETURN ON INVESTMENT. YEARLY MINIMUM RENT WITH UTILITIES PAID IS $49,200.00. THIS IS A SIGNIFICANT CAP RATE . THERE IS A LARGE STORAGE ROOM AND A GARAGE LOADING DOCK OFF THE REAR LANE THAT COULD OFFER MANY OTHER OPPORTUNITIES AND INCOME AS WELL. THERE IS ON-SITE PARKING AS WELL AS PUBLIC PARKING NEARBY. THE BUILDING IS IDEALY LOCATED CLOSE TO BRUCE POWER, AND OPPORTUNITIES OF DEVELOPMENT MAY ALSO BE AVAILABLE.
Details
| MLS# | X10849005 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 158 |
| Listing Provided By | SUTTON-HURON SHORES REALTY INC. Brokerage | Not Provided |
Features
| Bath(s) | 2 |
|---|---|
| SQ Feet | 3,889 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Bruce |
| City | Saugeen Shores |
| Zip Code | N0H 2C0 |
| Listing VS Median (in N0H 2C0) | |
Price: $849,000 low | high Med: $425,750 SqFt: 3,889 low | high Med: 2,345 $ / SqFt: $218 low | high Med: $111 On Site: 158 low | high Med: 184.500000 | |