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$1,800,000
Available - For Sale
Listing ID: X12179254
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.
Price $1,800,000
Taxes: $14,591
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 569 Catherine Stre , Saugeen Shores, N0H 2C1, Bruce
Postal Code: N0H 2C1
Province/State: Bruce
Directions/Cross Streets: Catherine Street / Waterloo Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Office
Use: Other
Building Percentage: T
Total Area: 3,892.41
Total Area Code:  Square Feet
Office/Appartment Area: 3892
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Keller Williams Realty Centres

569 Catherine Stre , Saugeen Shores, N0H 2C1, Bruce


 
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Type: Com - Office
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style:
Lot Size: x 132.00(Feet)
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Tax: $14,591
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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