$849,000
Available - For Sale
Listing ID: X10849005
662 GUSTAVUS St , Saugeen Shores, N0H 2C0, Ontario
| 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. |
| Price | $849,000 |
| Taxes: | $4754.00 |
| Assessment: | $205000 |
| Assessment Year: | 2024 |
| Occupancy: | Own+Ten |
| Address: | 662 GUSTAVUS St , Saugeen Shores, N0H 2C0, Ontario |
| Postal Code: | N0H 2C0 |
| Province/State: | Ontario |
| Legal Description: | WLY 1/2 LT 4-5 BLK 10 PL 11; SAUGEEN SHO |
| Lot Size: | 66.01 x 131.99 (Feet) |
| Directions/Cross Streets: | FROM CORNER OF GODERICH STREET (HWY 21) AND GUSTAVUS STREET TRAVEL EAST ON GUSTAVUS STREET TO 662 ON |
| Category: | Office |
| Use: | Professional Office |
| Building Percentage: | Y |
| Total Area: | 3889.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 3889 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | N |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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| SUTTON-HURON SHORES REALTY INC. Brokerage |
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At a Glance:
| Type: | Com - Office |
| Area: | Bruce |
| Municipality: | Saugeen Shores |
| Lot Size: | 66.01 x 131.99(Feet) |
| Tax: | $4,754 |
| Baths: | 2 |
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