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Rare Opportunity Alert!  This Luxury Vacation Property Is Ready for a New Owner , Operational With a Small Investment of capital.  Main building with 7 units is close to occupancy with the remaining 4-5 units halfway there.  Elegant design throughout and no expense spared on implementation.  Market peak appraisal showing 13 million dollars! Located in the quiet, vibrant and fully serviced downtown of Southhampton- an area with mostly protected shorelines.  A rare building with commercial uses directly on the pristine soulful shores of lake Huron.  Area influences include the Bruce Power Plant with strong salaries and a workforce that will keep vacancy rates to a minimum. Prospectus available on request estimates $500+ nightly stays in high season and 1.8 gross revenue (after vacancy estimates based on intended operation.)  Flexibility in completion plan to operate with 11-13 units total.  VTB is an option at desirable rates. View unbranded video tour for a more detailed look at the property. Buyer to complete their own diligence. (id:31684)

Home Details for 20 Front Street

Heating Information