104 Third Avenue N, South Bruce Peninsula, Ontario N0H 2G0

Listed for:
$824,900
0 beds
6 baths
Listed 2 days ago
104 Third Avenue N, South Bruce Peninsula, Ontario N0H 2G0

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About

Cross Streets: Main Street & 3rd Ave N. ** Directions: Main St - travel west toward beach; turn right on 3rd Ave N; property on left side at the corner 1st St N & 3rd Ave N. 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. (id:27476)

Property Highlights

MLS® Number
X12936890
Type
Business
Community Name
South Bruce Peninsula
Land Size
50 x 150 FT
Parking Space Total
8

Building

Square Footage
573 sqft
Bathrooms Total
6
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Not known
Heating Fuel
Wood
Building Cooling Type
Partially air conditioned

Utilities

Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
Royal LePage Estate Realty
MLS® number:
X12936890
Agent:
Maria Elensky
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