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$1,800,000

May 28Office For Sale
bedroomsbed
washrooms0bath
MLS - #X12179254

569 Catherine Street, Saugeen Shores, ON N0H 2C1

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Average Price
180000000.0%
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Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

N/A

About 569 Catherine Street

Welcome to 569 Catherine Street, a fully renovated, turn-key commercial property offering a secure and lucrative investment in one of the region's growing family-oriented communities. This building has been completely gutted and professionally updated from top to bottom, including new plumbing, electrical, Hvac, roof, windows, and all systems brought up to current codes and requirements for daycare and tutoring operations. The result is a modern, compliant facility with long-term potential. Currently tenanted by a high-quality, upscale daycare and tutoring business with 4 years remaining on the lease (plus renewal option), this property generates over $100,000 annually in guaranteed rental income with built-in yearly increases. The tenant is responsible for all TMI (taxes, maintenance, and insurance), making this a truly hands-off, high-yield opportunity. Located in a family-friendly area with schools, parks, and residential neighborhoods nearby, the demand for childcare remains strong, supporting the stability and long-term viability of the tenant. With a professionally structured lease and a tenant invested in staying long term, 569 Catherine Street is not just a building, it's a rare chance to own a secure, income-producing asset in a thriving community. Large lot would allow for future building/expansion. Property has 7 washrooms, additional separate sinks and includes a full kitchen.

Home Overview

Last updated

Jun 13

Virtual tour

None

Basement information

Building size

3892.41

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

2024

Listed by Keller Williams Realty Centres

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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