121 SOUTH RANKIN STREET

$1,350,000

Saugeen Shores, Saugeen Shores, Ontario

  • 1,544 square feet
Business · BusinessType
OtherHeating
NoneCooling
494Days on market
$874 / sqftPrice / sqft

About this property

Opportunity is knocking! This is your chance to own a unique investment property that is generating income and brimming with potnential. Located in the sought after lake side community of Southampton along the renowned Saugeen River near the shores of Lake Huron. Known as Riverview Tourist Camp and owned by the same family for over 50 years, this is a once in a lifetime opportunity. Situated on a 1.23 acre riverfront lot with expansive river frontage and amazing river views this property is something special. The camp is currently comprised of 20 seasonal trailer sites with electricity and municipal water & sewer (with the possibility of 2 more sites), a shower/bath building, two cozy cottages rented year-round, and a main 4 season house with 2 bedrooms/1.5 bathrooms. The home would be perfect to use as your own private getaway or as an additional rental accommodation to drive more revenue. The current zoning is commercial recreational and environmental protection giving way to a number of potential uses subject to the proper consultation and approvals with the municipality and conservation authority. The Saugeen River is recognized far and wide for its world class fishing. Enjoy easy boating access to Lake Huron. This is an extraordinary opportunity to own a special little piece of Southampton. All measurements and boundaries are approximate and for reference purposes only. (id:66327)

Property details

Interior

Living area
1,544 square feet

Exterior & parking

Architectural style
[]
Lot size
1.23

Building & HOA

Heating
Other
Cooling
None

Financial & legal

List price
$1,350,000
Price / sqft
$874 / sqft
Annual taxes
$5,164 (2024)
Status
Active
MLS® number
X12104873

Location

City
Saugeen Shores
Neighbourhood
Saugeen Shores
Province
Ontario
Postal code
N0H2L0
Directions
Cross Streets: Highway 21 & South Rankin St. ** Directions: Go North on Highwat 21, over the Bridge (Saugeen RIver) and turn Right onto South Rankin Street.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).