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10
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$849,000
Est. payment /mo
2 BA
3,889 SqFt
Active
662 GUSTAVUS STREET Saugeen Shores, ON N0H2C0
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,889 sqft
Price per Sqft $218
MLS® Listing ID X10849005
Originating Board OnePoint Association of REALTORS®
Property 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. (id:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
Listed by Sutton-Huron Shores Realty Inc.