1140 3rd Avenue E, Owen Sound, Ontario N4K 2L4

Listed for:
$89,000
0 beds
0 baths
Listed 7 days ago
1140 3rd Avenue E, Owen Sound, Ontario N4K 2L4

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About

An exceptionally well-positioned vacant commercial lot in the downtown core - steps from established businesses and amenities, with the harbour and Bayshore nearby. TWO PLAYS. ONE DOWNTOWN LOT. $89,000. At 35' x 165', this C1-zoned parcel in the heart of Owen Sound is a small piece of land with some seriously interesting possibilities. PLAY ONE: explore a purpose-built three-storey residential project with up to 6 apartments. PLAY TWO: go mixed-use, commercial at street level with residential above and create the kind of downtown building that generates income from more than one source. Think clinic, wellness, salon, professional office, studio, or boutique retail below, with apartments upstairs. And the timing is interesting: further down 3rd Avenue, two brand new multi-storey residential developments are already reinforcing the infill story along this corridor. Municipal services are available, and a 2021 survey and conceptual site plan are already in hand. You're steps from downtown, the harbour, shops, restaurants and the Bayshore, with an entry price of just $89,000. Build 6 doors. Build mixed-use. Land-bank it and watch what happens around you. There aren't many opportunities to get into the downtown development game for under $100K, and this one already comes with a vision. (id:27476)

Property Highlights

MLS® Number
X13730068
Type
Vacant Land
Community Name
Owen Sound
Land Size
35 x 165 FT

Building

Square Footage
5726 sqft
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Keller Williams Experience Realty
MLS® number:
X13730068
Agent:
Hailey Macarthur
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