This retail property in Saugeen Shores is for sale offering roughly 2,000 sq ft of space. It has been on the market 36 days, fresher than the Saugeen Shores average of 172 days.
INVEST TODAY. BUILD YOUR VISION FOR TOMORROW. Here's an opportunity to own a standout commercial property in the heart of downtown Southampton-currently leased to an established tenant on a 3-year lease, providing immediate income and a solid ROI while you plan your next move. Situated in Southampton's bustling main street commercial district, this property puts you right in the middle of the action, where the community's "Walk Store to Shore!" lifestyle brings residents and visitors together. With Lake Huron's sparkling waters, world-famous sunsets and Southampton's rich marine heritage as a backdrop, the downtown core is home to an impressive mix of established retailers, restaurants and personal services. Recent streetscape improvements and ample parking add to the appeal and encourage shoppers and visitors to explore. Inside, approximately 1,300 sq. ft. of beautifully presented open retail space offers large display windows, an inviting storefront entrance and plenty of flexibility for merchandising. Dressing rooms, a generous preparation area, office, employee rest area and 3-piece washroom expand the main-floor footprint to just under 2,000 sq. ft. But there's more. Approximately 1,000 sq. ft. of additional storage space includes the unique bonus of a second-floor display window, while another approximately 600 sq. ft. in the basement provides valuable workspace and storage. Updated approximately 20 years ago, the space remains a real showstopper, with radiant in-floor heating and central air conditioning providing year-round comfort. For the investor, it's an opportunity to secure a downtown commercial property with an established tenant and existing lease income. For the entrepreneur, it's a chance to own the location today, develop your business plan, and potentially step into your own Southampton venture when the current lease concludes. Income now. Opportunity later. Location always. Take a look at this exceptional downtown Southampton storefront. (id:66096)
Property Details
MLS®
X13843504
Property Type
Retail
Zoning
CC
Bathrooms
1
Interior Size
2,000 ft²
Frontage
24 ft
Building Area
2,000 ft²
Heating
Hot water radiator heat, Radiant heat, Natural gas
Cooling
Fully air conditioned
Property Tax
$3,680/yr
Listed
36 days ago
Services
Water
Municipal water
Sewer
Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
36d
Saugeen Shores listings, avg age
172d
Price / ft²
$325
List price
$650K
Extended: 36 days on market, against an average age of 172 days across the listings currently for sale in this city
Market timing · days on market0 → 172d avg age of current listings
Extended · day 36
Haho
This retail in Saugeen Shores has been listed for 36 days, which is 136 days fresher than the city average of 172. Act while there is still low competition.
Listed by Century 21 Millennium Inc. · SCOTT SAUNDERS
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N0H)
This home lists at $650,000, about 7.6× the local median household income of $86,000.
Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.
Median household income
$86,000
Population
53,674
Median age
52.8
Owner / renter
86% / 14%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA N0H)
$650,000· $325/ft²
For sale
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Financing
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