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121 South Rankin Street

121 South Rankin Street

Saugeen Shores, ON

  • 1,544 sqft
  • Investment
  • 503 days on market
$1,350,000Price reduced 10%

Opportunity is knocking! This is your chance to own a unique investment property that is generating income and brimming with potnential. Located in the sought after lake side community of Southampton along the renowned Saugeen River near the shores of Lake Huron. Known as Riverview Tourist Camp and owned by the same family for over 50 years, this is a once in a lifetime opportunity. Situated on a 1.23 acre riverfront lot with expansive river frontage and amazing river views this property is something special. The camp is currently comprised of 20 seasonal trailer sites with electricity and municipal water & sewer (with the possibility of 2 more sites), a shower/bath building, two cozy cottages rented year-round, and a main 4 season house with 2 bedrooms/1.5 bathrooms. The home would be perfect to use as your own private getaway or as an additional rental accommodation to drive more revenue. The current zoning is commercial recreational and environmental protection giving way to a number of potential uses subject to the proper consultation and approvals with the municipality and conservation authority. The Saugeen River is recognized far and wide for its world class fishing. Enjoy easy boating access to Lake Huron. This is an extraordinary opportunity to own a special little piece of Southampton. All measurements and boundaries are approximate and for reference purposes only.

Listing Details

Taxes (2024)
$5,164
Originally Listed
$1,499,000
Listed
April 25, 2025

Price History

Property

Lot Size
350 x 153.1 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Highway 21 & South Rankin St
Zoning
CR & EP
Parcel Number
332520090
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Other

Included

Inclusions
Appliances in House and 2 cottages - "AS IS" condition.
Exclusions
RV/Trailers, trailer owners belongings, tenant's belongings.
Rental Items
Hot Water Heater in house.

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
$665,000
Homes sold
273
Median days on market
37
Sale-to-list price
97.4%

Based on 273 recorded sales of commercial properties in Saugeen Shores over the last 12 months.

Listed by

Wilfred McIntee & Co Limited

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,544 sq ft
Price per sq ft
$874.35
Annual property tax
$5,164
Tax per sq ft
$3.34

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The camp is currently comprised of 20 seasonal trailer sites with electricity and municipal water & sewer (with the possibility of 2 more sites), a shower/bath building, two cozy cottages rented year-round, and a main 4 season house with 2 bedrooms/1.5 bathrooms.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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