278 RAILWAY STREET, Saugeen Shores, Ontario, N0H2L0

Property Description

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! (id:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: None
• Living Area: 6,500 sq ft (603.9 m²)
• Parking: 40 spaces
• Lot Size: 6500.0000 acres (2630.46 ha)
• Frontage: 200 ft (61 m)

Costs

• Annual Taxes: $12,186.00 (2024)

Listing Provided by: Royal LePage RCR Realty
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.