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$ 2,100,000
Est. payment | /mo
12,669 SqFt
$ 2,100,000
Est. payment | /mo
12,669 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,669 sqft
Price per Sqft $165
Subdivision Owen Sound
MLS Listing ID X13763528
Annual Tax Amount $25,160
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Grey County
Area Grey County
Zoning C1-1ZH
Interior
Cooling Partial
Inclusions Call LA
Exterior
Parking Features None
Community Features Public Transit
Utilities Available Yes
Building
Lot Description Building
Lited by ROYAL LEPAGE SIGNATURE REALTY
Nearby Locations
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