189-193 High Street, Saugeen Shores, ON N0H 2L0

Saugeen Shores N0H 2L0 Ontario

MLS: X12863194

$2,459,900

Added 12 hours ago | For Sale

Listed by: Real Broker Ontario Ltd.

About Property

Exceptional 6% CAP mixed-use investment opportunity at 189-193 High Street in the heart of Southampton. Offered together as one package, these two extensively rebuilt and renovated buildings feature high-end finishes and a desirable mix of commercial and residential units, all fully leased with quality tenants in place, delivering immediate income and long-term investment stability. Located just steps from Southampton Beach and approximately 20 minutes from Bruce Power, the property benefits from strong demand in one of Ontario's most sought-after lakeside communities.At 189 High Street, the main level offers a well-positioned commercial space with two updated residential apartments above. 193 High Street includes a prominent commercial unit, a main-floor residential suite, and two additional residential units on the upper level. The residential mix offers versatile layouts including two-bedroom units, one-bedroom suites, and a one-bedroom plus den, appealing to a wide range of professional and long-term tenants.Each unit has been thoughtfully modernized with premium finishes, creating attractive, turn-key spaces that continue to draw stable, high-quality tenants. Dedicated parking for tenants further enhances convenience and long-term tenant retention.With excellent main street visibility, strong tenant demand, and proximity to beaches, restaurants, and shops, this property represents a rare opportunity to acquire a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community.Rent roll, financials, and additional photos are available upon request.Additional Opportunity: 174 High Street is also available for purchase, creating the potential to assemble a *larger portfolio of prime mixed-use real estate along Southampton's main commercial strip.

Features

  • House Style:Industrial
  • Bathrooms:
  • Land Size: 25 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Albert St S & High St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $14509
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12863194

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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