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9717 Army Camp Rd 3,754 SF 100% Leased Retail Building Lambton Shores, ON N0N 1J3 $1,695,000 CAD ($451.52 CAD/SF) 7.23% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Tiki bar,Heated Outdoor Salt-water Pool, BBQs, Several Fire Pits, Picnic Areas, Corner Lot. Security Cameras, Ample Parking

EXECUTIVE SUMMARY

Must Sell!! Motivated Seller!!(Approx. 1.038 Acre) Current Being Operated as an Adults Only Resort Minutes to Ipperwash Beach on Lake Huron! This Well-Established Property Has Been in Hospitality Service For 10+ Years. Excellent Income Investment Opportunity with a Turn-Key Operation! This Unique Opportunity is a Combination of Both Commercial and Residential Zonings. Commercial Lot (C14) Frontage is 151ft & 200ft Depth. The Residential Lot (R6) has 75ft Frontage & 200ft Depth; Combined 226x200ft Operated Throughout the Year w/ Various Accommodation Options including Long-Term Stays and Vacation Cottage Rentals. This Lovely Resort Has Num. Features.Total of 7 Suites. 5 - 2 Bedroom Suites. and 2 One- Bedroom Suites. The Huge Combined Lots and Zoning is Perfect for Expansion. Investors Look No Further! Expand & Create Your Dream Resort w/ These Strong Roots! The Potential on This Property is Endless! Property Features: Tiki Bar, BBQs, Several Fire Pits, Heated Salt Water Pool, Ample Parking for Guests. Nearby: Ipperwash Dunes & Swales, Pinery Provincial Park, Wineries, Ipperwash Beach, Twin Pines Orchard and Restaurants & Markets.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,754 SF
Building Class
C
Year Built/Renovated
1960/2023
Price
$1,695,000 CAD
Price Per SF
$451.52 CAD
Cap Rate
7.23%
NOI
$122,500 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.03 AC
Zoning
Commercial
Frontage
226’ on Army Camp Rd

AMENITIES

  • Corner Lot
  • Courtyard
  • Pool
  • Pylon Sign
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Smoke Detector
  • Listing ID: 34171583

  • Date on Market: 2024-12-12

  • Last Updated:

  • Address: 9717 Army Camp Rd, Lambton Shores, ON N0N 1J3

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