$ 1,800,000
-
$1,800,000
Price -
0
Bed - Bath
-
3,892
SqFt
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About the Listing 573803 -
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.
Listing Highlights for 569 Catherine St
Status
Active
Days on Site
105
Property Type
Commercial Sale
MLS ®
X12179254
Year Built
Total Square Footage
3,892
Lot/Acreage
13068
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Yes
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $14,591
- Taxes w/Assessments: N/A
- Tax/Property ID: 332720093
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
569 Catherine St Saugeen Shores, ON N0H 2C1
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