278 Railway Street, Saugeen Shores, ON N0H 2L0

Saugeen Shores N0H 2L0 Ontario

MLS: X12443980

$2,225,000

Added 3 hours ago | For Sale

Listed by: Royal LePage Exchange Realty Co.

About Property

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!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 200 X 185.42
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Peel Street
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $12186
  • Bedrooms:
  • Total Parking Spaces:40
  • Parking Places:40
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12443980

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