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$ 799,000
Est. payment /mo
Active
104 Third AVE N South Bruce Peninsula, ON N0H 2G0
6 Baths
573 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 573 sqft
Price per Sqft $1,394
Subdivision South Bruce Peninsula
MLS Listing ID X12936890
Annual Tax Amount $3,872
Tax Year 2025
Property Sub-Type Investment
Lot Depth 150.0
Lot Front 50.0
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.
Location
Province ON
County Bruce
Area Bruce
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 150.0
Building
Building Age 51-99
Others
ParcelsYN No
Listed by Royal LePage Estate Realty
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