278 Railway Street

FOR SALE
$2,225,000
278 Railway Street, Saugeen Shores
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
278 Railway Street
Investment
CATEGORY
6,500 Sq Ft
TOTAL AREA
X12443980
MLSID
Contact Us
Property Description
Highway Commercial Opportunity | Motel + Restaurant + Residential Units | 1 Acre Lot. Turnkey HC investment on 1 acre in the heart of Saugeen Shores. This property offers multiple income streams: a motel with independent heat pumps (4 units with kitchenettes, 8 Studio Units + full basement with laundry potential), plus a main building with 4 separate units: Unit 1; motel check-in office, Unit 2; 2-bedroom apartment, Unit 3; 4-bedroom apartment, and Unit 4; restaurant with full basement. High-visibility frontage on Hwy 21 ensures consistent traffic flow and being top of mind with customers. With Saugeen Shores ranked as one of Ontarios fastest-growing communities, demand is fueled by Bruce Powers ongoing expansion and the areas popularity with retirees and seasonal residents. A rare opportunity to own, operate, or expand in a thriving market!
Property Details
Address
278 Railway Street
Postal Code
N0H 2L0
Property Type
Investment, Investment
Use
Accommodation
Zoning
HC
Lot Size
200' x 185'
Total Area
6,500 Sq Ft
Taxes
$12,186 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
40
Garage Type
None
Listing contracted with Royal Lepage Rcr Realty
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