736 Wellington Street, Port Elgin
Prime Location for Future Development
Currently 
42,000 sq. ft. of Commercial Space | 2.13 Acre Lot

$4,850,000 

The subject property is located two blocks from downtown Port Elgin in Saugeen Shores. A thriving community along the shores of Lake Huron. Population is on the rise driven by Bruce Power refurbishment plan. Along with providing an ideal lifestyle for; baby boomers to retire, young families to be raised and endless possibilities entrepreneurs. 

 

The property is surrounded by mostly residential dwellings. Along with Bruce County Housing, BWXT Canada Ltd. office and training and a 12 plex dwelling. 

 

Below are additional details on the property. We look forwards to meeting you and exploring the possibilities this land has to offer.  

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Learn more about this property listing by contacting one of our experts.

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Cory Hamilton
Broker

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Krista Norrish
Broker

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     Property Details

 

LEGAL DESCRIPTION

LT 45-48 BLK 88 PL 11; LANE BLK 88 PL 11; LT 55-58 BLK 88 PL 11; PT LT 49, 54 BLK 88 PL 11 AS IN R266912 & R315609; SAUGEEN SHORES

 

LOT SIZE AREA: 92,763.29 FT²

2.13 ACRES

 

Zoning 

Light Industrial, Residential 4

 
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Saugeen Shores Community Profile

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Real Estate Property Brochure

 

      Location

Fronting on 4 Municipal Roads

 

Wellington Street 

Bruce County Housing

 

Elgin Street

BWXT Canada Ltd.

Office and Training facility

 

Hilker Street

12 Plex

Single Family Homes 

 

Market Street

Single Family Homes 

      Property Possibilities

Use the current commercial space; as is, retrofit to taste or develop.

The current industrial building is well built, constructed out of steel beams and concrete. Offering 42,000 sq. ft., 15’ ceilings, oversized loading dock bay and plenty of parking. 

There is a large demand for rental properties, both residential and business space alike. This land is ideal for mixed use; multifamily dwellings complimented with office and retail space. It could also be ideal for the development of condos, freehold townhomes, etc. Saugeen Shores is the ideal community to invest in.

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      Saugeen Shores Business and Investment

The Economy

Saugeen Shores has all of the commercial and business amenities you would find in a larger urban centre, plus a quality of life that far exceeds that of many larger areas. With direct access to major centres in Ontario and the northern U.S. via five provincial highways, Saugeen Shores is ideally situated for business and leisure. Saugeen Shores has infrastructure in place for the next 20 years. 

Saugeen Shores

Saugeen Shores is made up of two distinctly different urban cores. Downtown Southampton has the look of a quaint turn of the century fishing village and features a variety of retail stores and boutiques, restaurants and gift shops. In Port Elgin, the Main Street includes a mix of retail uses in addition to numerous gift shops, restaurants and grocery stores. Small businesses thrive throughout the community. Saugeen Shores takes pride in fostering a pro- business climate, which is aimed at helping people to realize their dreams.

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     Tourism

 

The Lake Huron shoreline has attracted generations of summer residents, and tourism continues to have a major impact on the area. Travellers from all over the world visit Saugeen Shores to take advantage of the beautiful beaches, the fabulous attractions, and the world-renowned sunsets. The local population more than doubles during the summer, benefiting all businesses in the region. Highlights include: the Chantry Island Lighthouse, built in 1859 and recently restored; the Bruce County Museum & Cultural Centre, recently renovated, which celebrates the people, heritage and culture of Bruce County; over 40 kilometres of trails for walking, running or cycling; sandy beaches and warm water; and world famous award winning sunsets.

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Trails: 
Saugeen Rail Trail
Woodland Trails Trailhead
Reiners Bush Trail
Lake Ridge Trail

Parks: 
Nodwell Park
Lamont Sports Park
Saugeen Shores Off-Leash Dog Park

Beaches: 
Port Elgin Main Beach; Cedar Crescent Village
(new development in the works)
Port Elgin Harbour
North Shore Pavillion
Gobles Grove

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