662 Gustavus Street Saugeen Shores, Ontario N0H 2C0
$849,000
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.THE BUILDING CURRENTLY HAS 2550 OF USUABLE SQUARE FOOTAGE LEASED TO A PREFERRED TENANT. OFFERING A GREAT RETURN ON INVESTMENT. YEARLY MINIMUM RENT IS $41,000.00. IN ADDITION UTILITIES PAID BY TENANT. THIS PROVIDES A SIGNIFICANT CAP RATE . ALSO ALLOWS 1,300 SQUARE FEET FOR POSSIBLE ADDITIONAL RENTAL OPPORTUNITIES OR FOR THE OWNER'S USE. THIS 3889 SQ. FT. BUILDING HAS BEEN METICULOUSLY CARED FOR AND PROFESSIONALLY RENOVATED IN 2019 WITH THE WINDOWS REPLACED AND IS MOVE IN READY. CONVENIENTLY LOCATED AND CURRENTLY PARTIALLY LEASED AS A MEDICAL CLINIC AND PERFECTLY LAID OUT FOR USE AS A MULTI DISCIPLENARY PRACTISE. CURRENTLY CONFIGURED WITH 9 TREATMENT ROOMS, 1 OFFICE, EXERCISE AREA, RECEPTION/WAITING ROOM, STAFF AREA, AND 2 WASHROOMS. THE UNLEASED LARGE STORAGE ROOM AND LOADING DOCK OFF THE REAR LANE WITH A SEPERATE REAR ENTRANCE MAY OFFER MANY OTHER OPPORTUNITIES. THERE IS ON-SITE PARKING AS WELL AS PUBLIC PARKING NEARBY. THE BUILDING IS IDEALLY LOCATED CLOSE TO BRUCE POWER, AND OPPORTUNITIES OF DEVELOPMENT MAY ALSO BE AVAILABLE. NOTE: THE IGUIDE VIRTUAL TOUR WAS BUILT PRIOR TO THE CURRENT LEASE. (id:62669)
Property Details
| MLS® Number | X12035971 |
| Property Type | Office |
| Community Name | Saugeen Shores |
| Parking Space Total | 7 |
Building
| Bathroom Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 3589 Sqft |
| Size Interior | 3,589 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | Bldg=66 X 132 Ft |
| Size Total Text | Bldg=66 X 132 Ft |
| Zoning Description | Cc-3 |
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March 25 2025 01:38:52
The Lakelands Association of REALTORS®
Sutton-Huron Shores Realty Inc.