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174 HIGH Street

174 HIGH Street

Saugeen Shores, Ontario

8,944 sqft • Industrial

$2,429,900

Exceptional 6% CAP mixed-use investment in the heart of Southampton. This fully leased 9-unit building has been extensively rebuilt and renovated, offering a rare opportunity to acquire a like-new asset with stable income and long-term reliability. The property features 3 ground-floor commercial units with prime main-street frontage and exceptional exposure, positioned just steps from Southampton Beach. These highly visible spaces attract established, quality commercial tenants benefiting from strong pedestrian traffic and the area's vibrant tourism economy. The upper levels feature 6 beautifully finished residential units with a desirable mix of 3 studios, 1 one-bedroom, 1 one-bedroom + den, and 1 two-bedroom apartment. Each suite has been thoughtfully modernized with contemporary finishes, creating turn-key living spaces that attract high-quality long-term tenants seeking modern accommodations in one of Ontario’s most desirable lakeside communities. Amenities include an elevator, dedicated parking for all units, and a rooftop patio, enhancing tenant experience and long-term retention. With full occupancy and a strong tenant roster, this property has proven to deliver consistent, reliable performance for investors seeking stability and minimal capital requirements. Located just 25 minutes from Bruce Power, the building benefits from strong demand from both residential and commercial tenants. This is a rare opportunity to own a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community. Rent roll, financials, and additional photos available upon request. Additional Opportunity: The neighbouring property at 189–193 High St is also available for sale, presenting a rare opportunity to acquire a *larger portfolio of prime mixed-use real estate along Southampton’s main commercial strip.

Price History

Community

Postal area N0H

Population
53,674
Private dwellings
34,400
Median age
52.8
Average household size
2.3
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Saugeen Shores · last 12 months

Median sold price
$660,000
Homes sold
271
Median days on market
38
Sale-to-list price
97.4%

Based on 271 recorded sales of industrial properties in Saugeen Shores over the last 12 months.

Location

R

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