44
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$1,475,000
Est. payment /mo
2 Baths
New
662, 668 Gustavus ST Saugeen Shores, ON N0H 2C0
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Saugeen Shores
MLS Listing ID X12611136
Annual Tax Amount $5,251
Tax Year 2025
Property Sub-Type Office
Property Description
WELCOME TO 662 AND 668 GUSTAVUS STREET. 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 $49,200.00. IN ADDITION UTILITIES AND MAINTENANCE 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 SEPARATE 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.
Location
Province ON
County Bruce
Area Bruce
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 132.23
Lot Depth 132.0
Others
Security Features No
ParcelsYN No
Virtual Tour https://youriguide.com/v8WC19R3I4NOD1
Listed by Sutton-Huron Shores Realty Inc.
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