1140 3rd Avenue E, Owen Sound, Ontario

About 1140 3rd Avenue E

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:6289)

More Info on this Owen Sound MLS® listing

1140 3rd Avenue E is a listing for sale in Owen Sound. The MLS® number is X13730068. It covers 5,726 square feet. It's currently listed for $89,000. For more details on MLS® X13730068, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Owen Sound is available now!

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