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 laun...dry 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!
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$2,225,000
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Full Property Details
General
Business Type
Hotel/Motel/Inn
Industrial Area
-
Industrial Area Unit
-
Retail Area
-
Retail Area Unit
-
Office Area
-
Office Area Unit
-
Total Area
6500.00
Total Area Unit
Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Hotel/Motel/Inn
Industrial Area
-
Industrial Area Unit
-
Retail Area
-
Retail Area Unit
-
Office Area
-
Office Area Unit
-
Total Area
6500.00
Total Area Unit
Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Exterior
Depth
185.42
Front
200.0
Lot Size
200 x 185.42 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
HC
Depth
185.42
Front
200.0
Lot Size
200 x 185.42 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
HC
Building Description
Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data
Community
Community
Saugeen Shores
Community
Saugeen Shores
Taxes & Fees
Taxes
$12,186 /yr
Tax Year
2024
Occupancy
Owner+Tenant
Taxes
$12,186 /yr
Tax Year
2024
Occupancy
Owner+Tenant
Jagtar Dhillon
Est. mortgage
$8,441/mo
Property Taxes
$12,186/yr
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