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174 High Street

174 High Street

Saugeen Shores, ON

8,944 sqft • Industrial • 166 days on market

$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.

Listing Details

Taxes (2025)
$23,931
Listed
March 9, 2026

Price History

Listing history

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Property

Lot Size
0.11 Acres

Location & Legal

Cross Street
Albert St N & High St
Zoning
C1-A
Parcel Number
332530208
Possession
Flexible

Commercial

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
$660,000
Homes sold
267
Median days on market
38
Sale-to-list price
97.4%

Based on 267 recorded sales of commercial properties in Saugeen Shores over the last 12 months.

Listed by

Real Broker Ontario Ltd.

Location

Commercial figures

Building area
8,944 sq ft
Price per sq ft
$271.68
Annual property tax
$23,931
Tax per sq ft
$2.68

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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