189-193 High Street Saugeen Shores, Ontario N0H 2L0

$2,459,900

Exceptional 6% CAP mixed-use investment opportunity at 189-193 High Street in the heart of Southampton. Offered together as one package, these two extensively rebuilt and renovated buildings feature high-end finishes and a desirable mix of commercial and residential units, all fully leased with quality tenants in place, delivering immediate income and long-term investment stability. Located just steps from Southampton Beach and approximately 20 minutes from Bruce Power, the property benefits from strong demand in one of Ontario's most sought-after lakeside communities.At 189 High Street, the main level offers a well-positioned commercial space with two updated residential apartments above. 193 High Street includes a prominent commercial unit, a main-floor residential suite, and two additional residential units on the upper level. The residential mix offers versatile layouts including two-bedroom units, one-bedroom suites, and a one-bedroom plus den, appealing to a wide range of professional and long-term tenants.Each unit has been thoughtfully modernized with premium finishes, creating attractive, turn-key spaces that continue to draw stable, high-quality tenants. Dedicated parking for tenants further enhances convenience and long-term tenant retention.With excellent main street visibility, strong tenant demand, and proximity to beaches, restaurants, and shops, this property represents a rare opportunity to acquire a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community.Rent roll, financials, and additional photos are available upon request.Additional Opportunity: 174 High Street is also available for purchase, creating the potential to assemble a *larger portfolio of prime mixed-use real estate along Southampton's main commercial strip. (id:42776)

Property Details

MLS® Number	X12863194
Property Type	Industrial
Community Name	Saugeen Shores

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Exterior	6353 Sqft
Size Interior	6,353 Ft2
Type	Multi-tenant Industrial
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	100 Ft
Size Frontage	25 Ft
Size Irregular	Bldg=25 X 100 Ft
Size Total Text	Bldg=25 X 100 Ft
Zoning Description	C1-a

https://www.realtor.ca/real-estate/29447544/189-193-high-street-saugeen-shores-saugeen-shores