For Sale

278 Railway Street, Saugeen Shores, Ontario N0H 2L0

$0

278 Railway Street, Saugeen Shores, Ontario N0H 2L0 is For Sale and has a listing price of 2,225,000. The property is located in the Saugeen Shores neighbourhood . It's been on the website for 5 Days.

  • Investment
    Property Type
  • MLS ID: X12443980
  • Office Name Royal LePage Exchange Realty Co.
Property Description

Highway Commercial Opportunity | Motel + Restaurant + Residential Units | 1 Acre Lot. Turnkey HC investment on 1 acre in the heart of Saugeen Shores. This property offers multiple income streams: a motel with independent heat pumps (4 units with kitchenettes, 8 Studio Units + full basement with laundry potential), plus a main building with 4 separate units: Unit 1; motel check-in office, Unit 2; 2-bedroom apartment, Unit 3; 4-bedroom apartment, and Unit 4; restaurant with full basement. High-visibility frontage on Hwy 21 ensures consistent traffic flow and being top of mind with customers. With Saugeen Shores ranked as one of Ontarios fastest-growing communities, demand is fueled by Bruce Powers ongoing expansion and the areas popularity with retirees and seasonal residents. A rare opportunity to own, operate, or expand in a thriving market!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12443980
  • Price: $2,225,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 185.42
  • Ref ID: X12443980
  • Dir / Cross St: Peel Street
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
10/03/2025 X12443980 $2,225,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Saugeen Shores
  • $769,455 Average List Price
    based on 1 year
  • 91 New Listings
    based on 30 days
  • 164 Median Days on Market
    based on 1 year
  • List vs. Selling Price 105.07 % Up
  • Sold (12mo) 193
  • Rented (12mo) 19

  • 1 Month Change +1.7%
  • 3 Month Change -8.1%
  • 6 Month Change -19.5%
Walkscore
  • 47 Walk Score
    Car-Dependent
  • 60 Bike Score
    Bikeable
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Parking Spaces: 40
  • Taxes: $12,186
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 03/10/2025 19:15:26
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