16 Spencer Street

South Bruce Peninsula, South Bruce Peninsula, N0H 1P0

$750,000

Photo 1 of 5Photo 2 of 5Photo 3 of 5Photo 4 of 5Photo 5 of 5
  • 1 bathrooms

Listed 48 days ago · MLS® X13735552

About this home

Exceptional redevelopment and investment opportunity with prominent Highway 6 exposure in Hepworth, within the Town of South Bruce Peninsula. Strategically located commercial property offering existing utility together with significant future redevelopment potential. The property was historically operated as a gas station, with the former underground tanks reportedly removed decades ago. An existing garage building remains on the property and may continue to be utilized while a purchaser pursues future redevelopment and the required approvals. Preliminary planning and redevelopment work has been undertaken for a proposed commercial redevelopment, including concepts for a new gas station and convenience retail use. The property has also been the subject of pre-consultation with the Town of South Bruce Peninsula and the Ministry of Transportation, providing valuable information regarding requirements and considerations for future development. An excellent opportunity for investors, developers, fuel retailers, convenience-store operators, automotive businesses or purchasers seeking a highly visible commercial property with long-term upside. Continue utilizing the existing building while advancing redevelopment plans, providing flexibility and the potential to phase investment. Purchaser to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential and all required approvals. Preliminary concepts and pre-consultation information may be available to qualified purchasers.Vendor Take-Back (VTB) financing may be available to qualified purchasers, subject to acceptable terms and conditions.Rare opportunity to acquire a strategically located property with an existing usable building, Highway 6 exposure and significant redevelopment potential.

Details

Type
Commercial Retail
Lot
53 × 196.98 ft
Garage
None
Property tax
$3,503 (2026)
Neighbourhood
South Bruce Peninsula
Municipality
South Bruce Peninsula

Interior

Bathrooms
1 × bathroom

Heating, cooling and services

Heating
Baseboard
Air conditioning
Partial
Utilities
Available

Building and exterior

Building area
19,687 Square Feet

More

Possession
Immediate
Cross street
Hwy 6 (Bruce St) and Spencer St
Business type
Automotive Related

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 1 cafés and restaurants, 2 parks. Nearest park: Memorial Park (200 m).

Schools nearby

Elementary

  • Hepworth Central Public School
    EQAO: Gr 6 reading 92%, math 69%
    6 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N0H

Owners / renters
86% / 14%
Median household income
$86,000
Average age
48
Children under 15
14%
Homes
86% detached, 0% high-rise
Commute by transit
0%
Population
53,674

Languages spoken most at home besides English: German 0.4%, Pennsylvania German 0.3%, Urdu 0.2%, Gujarati 0.2%.

Safety

Crime Severity Index for Grey Bruce (South Bruce Peninsula) (OPP): 42 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.