662 Gustavus Street Image 1

$849,000

2 days agoOffice For Sale
bedroomsbed
washrooms0bath
MLS - #X12035971

662 Gustavus Street, Saugeen Shores, ON N0H 2C0

Virtual Tours

0
Similar Homes Found
$0
Average Price
84900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

N/A

About 662 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 $41,000.00. IN ADDITION UTILITIES 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 SEPERATE 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.

Home Overview

Last updated

13 hours ago

Virtual tour

None

Basement information

Building size

3589

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

2024

Listed by Sutton-Huron Shores Realty Inc.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3242.60/ month
$679,200 Principal and Interest
$815,040 Property Taxes

Location

Walking Icon

Walk Score for 662 Gustavus Street

Some information about this property - Gustavus Street

Book a Showing

Find your dream home ✨

I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.