88 Victoria Street West, Kincardine | Image 1

88 Victoria Street West

Kincardine

  • Commercial

$2,500,000
For Sale

Added 9 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Cabins/Cottages

  • Zoning: R3-x

  • Age: 31-50 years

  • Taxes: 4166.05

  • MLS®#: X8042074

  • Days on Site: 64 Days

  • Added: Feb 02, 2024 (9 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: KELLER WILLIAMS REALTY CENTRES

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 5 fully furnished cottages, this property offers incredible income potential. Ideal for short-term rentals, vacation stays, and 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.

Extras

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.

Property

  • Status: Sale

  • Type: Cabins/Cottages

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 31-50

  • Area: Kincardine

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Propane Gas

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: LOTS 1 AND 2 AND PART LOT 30 PLAN 361 AND PART LOT

  • Taxes: $4,166

  • Taxes Type: Annual

Land

  • Cross Street: Highway 21

  • Municipality District: Kincardine

  • Parcel Number: 332940489

  • Lot Depth: 178.14 Feet

  • Lot Frontage: 274.58 Feet

  • Zoning: R3-x

Commercial Specific

  • Sprinklers: N

  • Total Area: 36619

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

  • Financial Statement: Y

Map of 88 Victoria Street West, Kincardine
JK-8

Elgin Market Public School

Elementary: Public
13.81 km
JK-8

Ripley-Huron Community - Junior Campus School

Elementary: Public
23.43 km
JK-3

Kincardine Township-Tiverton Public School

Elementary: Public
10.92 km
4-8

Huron Heights Public School

Elementary: Public
12.92 km
JK-8

St Anthony's Separate School

Elementary: Catholic
12.84 km
JK-8

Port Elgin-Saugeen Central School

Elementary: Public
23.11 km
9-12

Walkerton District Community School

Secondary: Public
40.09 km
9-12

Kincardine District Secondary School

Secondary: Public
12.14 km
9-12

Goderich District Collegiate Institute

Secondary: Public
61.84 km
9-12

Saugeen District Secondary School

Secondary: Public
23.55 km
9-12

Sacred Heart High School

Secondary: Catholic
39.88 km
9-12

F E Madill Secondary School

Secondary: Public
50.18 km