278 Railway Street
Saugeen Shores, ON
- 6,500 sqft
- Investment
- 336 days on market
Highway Commercial Opportunity | Motel + Restaurant + Residential Units | 1 Acre Lot. Turnkey HC investment on 1 acre in the heart of Saugeen Shores. This property offers multiple income streams: a motel with independent heat pumps (4 units with kitchenettes, 8 Studio Units + full basement with laundry potential), plus a main building with 4 separate units: Unit 1; motel check-in office, Unit 2; 2-bedroom apartment, Unit 3; 4-bedroom apartment, and Unit 4; restaurant with full basement. High-visibility frontage on Hwy 21 ensures consistent traffic flow and being top of mind with customers. With Saugeen Shores ranked as one of Ontarios fastest-growing communities, demand is fueled by Bruce Powers ongoing expansion and the areas popularity with retirees and seasonal residents. A rare opportunity to own, operate, or expand in a thriving market!
Listing Details
- Taxes (2024)
- $12,186
- Listed
- October 3, 2025
Price History
Property
- Lot Size
- 200 x 185.42 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Peel Street
- Zoning
- HC
- Parcel Number
- 332660006
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Hotel/Motel/Inn
Included
- Inclusions
- Detailed List to be provided. All appliances
- Exclusions
- Personal and tenant items
- Rental Items
- None
Property Insights
AI-generated from listing photos. Not professional advice.
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
- 272
- Median days on market
- 37
- Sale-to-list price
- 97.4%
Based on 272 recorded sales of commercial properties in Saugeen Shores over the last 12 months.
Listed by
Royal LePage RCR Realty
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 6,500 sq ft
- Price per sq ft
- $342.31
- Annual property tax
- $12,186
- Tax per sq ft
- $1.87
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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Reita is an automated assistant, not a licensed real estate agent. This listing mentions This property offers multiple income streams: a motel with independent heat pumps (4 units with kitchenettes, 8 Studio Units + full basement with laundry potential), plus a main building with 4 separate units: Unit 1; motel check-in office, Unit 2; 2-bedroom apartment, Unit 3; 4-bedroom apartment, …. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?