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For Sale

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

$2,100,000

  • Commercial Retail
  • MLS® X13763528

Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY

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.

Property details

MLS® number
X13763528
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
Owen Sound
City
Owen Sound
Building area
12669 Square Feet
Lot width
63.5 Feet
Lot depth
118.8 Feet
Heating
Electric Forced Air
Cooling
Partial
Garage
None
Taxes
$25,160.86
Tax year
2025
Business type
Retail Store Related
Office area
5364
Industrial area
491
Retail area
6814
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

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