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MLS® X12863200
Saugeen Shores, ON
Exceptional 6% CAP mixed-use investment in the heart of Southampton. This fully leased 9-unit building has been extensively rebuilt and renovated, offering a rare opportunity to acquire a like-new asset with stable income and long-term reliability. The property features 3 ground-floor commercial units with prime main-street frontage and exceptional exposure, positioned just steps from Southampton Beach. These highly visible spaces attract established, quality commercial tenants benefiting from strong pedestrian traffic and the area's vibrant tourism economy.The upper levels feature 6 beautifully finished residential units with a desirable mix of 3 studios, 1 one-bedroom, 1 one-bedroom + den, and 1 two-bedroom apartment. Each suite has been thoughtfully modernized with contemporary finishes, creating turn-key living spaces that attract high-quality long-term tenants seeking modern accommodations in one of Ontario's most desirable lakeside communities.Amenities include an elevator, dedicated parking for all units, and a rooftop patio, enhancing tenant experience and long-term retention. With full occupancy and a strong tenant roster, this property has proven to deliver consistent, reliable performance for investors seeking stability and minimal capital requirements.Located just 25 minutes from Bruce Power, the building benefits from strong demand from both residential and commercial tenants. This is a rare opportunity to own a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community.Rent roll, financials, and additional photos available upon request.Additional Opportunity: The neighbouring property at 189-193 High St is also available for sale, presenting a rare opportunity to acquire a *larger portfolio of prime mixed-use real estate along Southampton's main commercial strip.
Broker
Real Broker Ontario Ltd.
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Industrial
174 High Street Saugeen Shores
Saugeen Shores
Type
Industrial
Parking
None
Property Tax
~$23,931/yr
Heating
Radiant
Buying Essentials
Square Feet
8944 sqft
Parking
None
Finances
List Price
$2,429,900
Price per SQFT
$272/sqft
Property Tax
~$23,931/yr
Property Specs
Property Type
Industrial
MLS Size
8944 sqft
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Saugeen Shores
Listed On
Mar 9, 2026
Days on Market
Current: 243 days
Room information is not available for this listing.
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