950-956 & 948 2nd Avenue E, Owen Sound, Ontario N4K 2H6

Listed for:
$2,100,000
0 beds
0 baths
Listed 23 days ago
950-956 & 948 2nd Avenue E, Owen Sound, Ontario N4K 2H6

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About

2nd Avenue E & 10th St W Prime Mixed-Use Investment Opportunity in Owen Sound's Historic River District! Welcome to an exceptional mixed-use investment opportunity in the heart of Owen Sound's Historic River District. This unique property offers a strong combination of commercial and residential income, featuring three road-front retail spaces and eight residential units.The main level includes three highly visible road-front retail spaces, providing excellent exposure and accessibility. One retail unit is currently occupied by a thriving fine dining establishment, while the second is home to a dry grocery and food store, providing established commercial uses and potential for stable rental income. The third retail space offers an excellent opportunity for an additional tenant or owner-user. Above the commercial spaces are eight residential units, creating a diversified income-producing property with both commercial and residential components. This combination provides investors with multiple revenue streams and the potential to benefit from the continued growth and revitalization of Owen Sound's downtown core. Located in the vibrant Historic River District, the property is within close proximity to shops, restaurants, waterfront attractions, parks, services, and other downtown amenities. Excellent visibility, road frontage, established commercial tenants, and multiple residential units make this an attractive opportunity for investors seeking a well-positioned mixed-use property with significant income potential. Three road-front retail spaces + eight residential units = a rare and versatile income-producing opportunity in downtown Owen Sound. (id:27476)

Property Highlights

MLS® Number
X13763528
Type
Retail
Community Name
Owen Sound
Land Size
Bldg=63.5 x 118.8 FT

Building

Square Footage
12669 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, Baseboard heaters
Heating Fuel
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X13763528
Agent:
Oswald Vasiharan Emmanuel
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