$2,500,000 FOR SALE

Commercial/Retail

Lot: 275 x 178 ft

88 Victoria Street
Inverhuron, ON N0G 2T0

Turn-key investment opportunity steps from the sandy shores of Lake Huron. Boutique style four-seasons cottage resort, appealing to an exclusive clientele base and generating an impressive stream of income. This exceptional package features almost a full acre of prime real estate along the Lake Huron coast and a well established, family run heritage business. With five fully furnished cottages, this property offers incredible income potential. Ideal for short-term rentals, vacation stays, or even year-round tenants, you can enjoy a steady stream of income while reaping the benefits of property appreciation. Each cottage exudes rustic charm and comfort, providing a true cottage experience. From cozy interiors to the outdoor decks, these cottages are designed for relaxation and enjoyment. The cottages come turnkey ready, with a proven track record of successful rentals. Efficient property management systems are in place to help you maximize your income while minimizing the stress of property upkeep. Offered at an excellent cap rate and with room for even more value-added opportunity and potential future development, this property presents a great addition to your portfolio. Centrally located between Inverhuron Provincial Park and Bruce Power, this is a rare opportunity to own a piece of Inverhuron's history and create a steady stream of income in one of Ontario's most beautiful regions. (id:47423)

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Listed By KELLER WILLIAMS REALTY CENTRES, Brokerage (HANOVER)
Data Provided By REALTORS® Association of Grey Bruce Owen Sound
MLS® Listing Number 40536137
Last Updated Apr 10, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Subdivision Kincardine
Price History
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Detailed Information
Lot 275 x 178 ft
Amenities Nearby Airport, Hospital, Marina, Schools
Listing Contract Date 2024-02-02
Location Description From Kincardine, head North on Highway 21. Turn Left onto Bruce Road 15, heading toward Inverhuron Beach. Turn Left onto Victoria Street. This boutique style cottage resort will be on your Right, across from the shores of Lake Huron.
Ownership Type Freehold
Property Type Hospitality
Transaction Type For sale
Zoning Description R3-x
Business
Name Lime Kiln Cottages
Building
Basement Type None
Constructed Date 1950
Stories Total 1
Size (Exterior) 100
Utility Water Municipal water
Land
Total Size 0.841 acres
Access Type Road access, Highway access
Amenities Airport, Hospital, Marina, Schools
Sewer Municipal sewage system
Size of Irregular Land 0.841

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