189-193 High Street
Saugeen Shores, ON
- 6,353 sqft
- Industrial
- 179 days on market
Exceptional 6% CAP mixed-use investment opportunity at 189-193 High Street in the heart of Southampton. Offered together as one package, these two extensively rebuilt and renovated buildings feature high-end finishes and a desirable mix of commercial and residential units, all fully leased with quality tenants in place, delivering immediate income and long-term investment stability. Located just steps from Southampton Beach and approximately 20 minutes from Bruce Power, the property benefits from strong demand in one of Ontario's most sought-after lakeside communities.At 189 High Street, the main level offers a well-positioned commercial space with two updated residential apartments above. 193 High Street includes a prominent commercial unit, a main-floor residential suite, and two additional residential units on the upper level. The residential mix offers versatile layouts including two-bedroom units, one-bedroom suites, and a one-bedroom plus den, appealing to a wide range of professional and long-term tenants.Each unit has been thoughtfully modernized with premium finishes, creating attractive, turn-key spaces that continue to draw stable, high-quality tenants. Dedicated parking for tenants further enhances convenience and long-term tenant retention.With excellent main street visibility, strong tenant demand, and proximity to beaches, restaurants, and shops, this property represents a rare opportunity to acquire a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community.Rent roll, financials, and additional photos are available upon request.Additional Opportunity: 174 High Street is also available for purchase, creating the potential to assemble a *larger portfolio of prime mixed-use real estate along Southampton's main commercial strip.
Listing Details
- Taxes (2025)
- $14,509
- Listed
- March 9, 2026
Price History
Listing history
Sign in to view
Property
- Lot Size
- 25 x 100 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Albert St S & High St
- Zoning
- C1-A
- Parcel Number
- 332610114
- Possession
- Flexible
- Occupancy
- Tenant
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
Real Broker Ontario Ltd.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 6,353 sq ft
- Price per sq ft
- $387.20
- Annual property tax
- $14,509
- Tax per sq ft
- $2.28
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Offered together as one package, these two extensively rebuilt and renovated buildings feature high-end finishes and a desirable mix of commercial and residential units, all fully leased with quality tenants in place, delivering immediate income and long-term investment stability.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?