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

$2,100,000

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12,669

Square feet

About 950-956 & 948 2nd Avenue E

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:6289)

More Info on this Owen Sound MLS® listing

950-956 & 948 2nd Avenue E is a listing for sale in Owen Sound. The MLS® number is X13763528. It covers 12,669 square feet. It's currently listed for $2,100,000. For more details on MLS® X13763528, 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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Features of 950-956 & 948 2nd Avenue E

Listing # X13763528
Price $2,100,000
Square Footage 12,669
Type Retail

Community Information

Address 950-956 & 948 2nd Avenue E
Area Owen Sound
Subdivision Owen Sound
City Owen Sound
Province Ontario
Postal Code N4K2H6

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Forced air
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=63.5 x 118.8 FT

Additional Information

Zoning C1-1ZH

Listing Details

OfficeROYAL LEPAGE SIGNATURE REALTY

Listing Map

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