662 Gustavus Street
Saugeen Shores, ON
2 bath • 3,589 sqft • Office • 519 days on market
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 $49,200.00. IN ADDITION UTILITIES AND MAINTENANCE 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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $5,251
- Originally Listed
- $849,000
- Listed
- March 22, 2025
Price History
Property
- Lot Size
- 66 x 132 Feet
Location & Legal
- Cross Street
- Goderich Street & Gustavus Street
- Zoning
- CC-3
- Parcel Number
- 332460515
- Possession
- Immediate
Commercial
- Occupancy
- Owner+Tenant
- Office / Apartment Area
- 3589 Sq Ft
Included
- Inclusions
- None
- Exclusions
- All tenants belongings
- Rental Items
- None
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
Commercial in Saugeen Shores · last 12 months
- Median sold price
- $662,500
- Homes sold
- 268
- Median days on market
- 38
- Sale-to-list price
- 97.4%
Based on 268 recorded sales of commercial properties in Saugeen Shores over the last 12 months.
Listed by
Sutton-Huron Shores Realty Inc.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Commercial figures
- Building area
- 3,589 sq ft
- Price per sq ft
- $229.87
- Annual property tax
- $5,251
- Tax per sq ft
- $1.46
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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