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$ 799,000
Est. payment /mo
Active
104 THIRD AVENUE N South Bruce Peninsula, ON N0H2G0
6 Baths
573 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 573
Square Footage 573 sqft
Price per Sqft $1,394
Subdivision South Bruce Peninsula
MLS® Listing ID X12936890
Property Description
5 COTTAGES IN THE CORE BEACH AND BUSINESS DISTRICT! Rarely does an opportunity emerge to own a quintessential piece of Sauble Beach's core and history. Perfectly positioned just steps from the iconic sandy shoreline, this 5-cottage assembly is more than just an income property, it is a high-visibility stake in one of Ontario's most sought-after destinations. Whether you are looking for a long-term beach-town holding, a family compound, or a hands-on business with immediate cash flow, this property offers a footprint that is difficult to find in today's market.The property features five 2-bedroom cottages, each thoughtfully equipped with pull-out couches for extra guests and decks furnished with their own BBQs to maximize guest capacity and comfort. Among them is a winterized cottage with wood-burning f/p featuring a 4-piece bath, offering the flexibility for year-round residency or premium off-season rental income. The four seasonal units feature 3-piece baths and have become a "home away from home" for a loyal, repeat clientele base.This is a turn-key operation designed for seamless guest experiences, including on-site office with laundry facilities, plus two storage sheds for maintenance and gear, 2 communal fire pits and a dedicated play area that anchor the nostalgic, family-friendly atmosphere and a "park-once" location where guests are seconds away from the beach, boutiques, and the vibrant energy of Main Street and Lakeshore Blvd. While currently operating as a successful, high-occupancy rental business (including the business name, website, and nearly all contents), the true value lies in the long-term appeal of this central lot. For the visionary investor, there is significant "value-add" potential to refresh these vintage gems and capture even higher yields. Capture the income today, secure the land for the future, and invest in the core of Sauble Beach. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Not known
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Building
Sewer Septic System
Listed by Royal LePage Estate Realty
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