684 Gustavus Street, Saugeen Shores | Image 1

684 Gustavus Street

Saugeen Shores, Saugeen Shores

  • Commercial

$850,000
For Sale

Added 4 days ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Health & Beauty Related

  • Zoning: R2

  • Age: 100+ years

  • Taxes: 3075.85

  • MLS®#: X11966617

  • Days on Site: 4 Days

  • Added: Feb 06, 2025 (4 days ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: EXP REALTY

Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon. The back unit presents the potential to expand into the lower apartment, offering flexible space for a business or an additional rental income stream.This property is zoned for both residential and commercial use, spanning a generous 1,500 square feet. Each unit is equipped with separate hydro meters, supporting a consistent rental income from both weekly and monthly tenants. The duplex can also be transformed into a magnificent single-family residence, allowing you to create a personalized dream home.Recent updates to the roof, A.C., and furnace with a HEPA filter within the last five to seven years provide peace of mind and reduce maintenance concerns. Situated on a picturesque corner lot, the property is enveloped by lush, beautiful gardens. The back area offers space for a legal unit that can be built to rent or live in, with an opportunity for future severance by adding two services and can be sold separately down the road. Do not miss your chance to explore this incredible property before it's gone. Your dream investment awaits.

Property

  • Status: Sale

  • Type: Health & Beauty Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: Saugeen Shores

  • Community: Saugeen Shores

  • Availability Date: Flexible

  • Assessment Amount: $178,000

  • Assessment Year: 2025

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: W 1/2 LT 1-2 BLK 11 PL 11; SAUGEEN SHORES

  • Taxes: $3,076

  • Taxes Type: Annual

Land

  • Cross Street: Hilker St

  • Municipality District: Saugeen Shores

  • Parcel Number: 332460512

  • Lot Depth: 124.27 Feet

  • Lot Frontage: 66.85 Feet

  • Zoning: R2

Commercial Specific

  • Retail Area: 16

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2000

  • Total Area Metric: Sq Ft

  • Lot Code: Building

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For Sale
5 months ago
$849,000
  • 2 bath
  • 0 bed

662 GUSTAVUS Street, Saugeen Shores, Ontario • N0H 2C0 • Saugeen Shores