$2,225,000
Available - For Sale
Listing ID: X12443980
278 Railway Street , Saugeen Shores, N0H 2L0, Bruce
| 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! |
| Price | $2,225,000 |
| Taxes: | $12186.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Owner+T |
| Address: | 278 Railway Street , Saugeen Shores, N0H 2L0, Bruce |
| Postal Code: | N0H 2L0 |
| Province/State: | Bruce |
| Directions/Cross Streets: | Peel Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 6500.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Royal LePage Exchange Realty Co. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Bruce |
| Municipality: | Saugeen Shores |
| Neighbourhood: | Saugeen Shores |
| Tax: | $12,186 |
| Fireplace: | N |
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