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$899,900
Est. payment /mo
9,458 SqFt
Price Dropped by $95K
925 & 927 2ND AVENUE E Owen Sound, ON N4K2H5
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 9458
Square Footage 9,458 sqft
Price per Sqft $95
Subdivision Owen Sound
MLS® Listing ID X12793092
Property Description
Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintainedcommercial/residential property offering over 9,400 sq. ft. of total space. Located in a high-visibility area,this solid building includes two commercial units (each approx. 2,300 sq. ft.) and four residentialapartments - ideal for investors or owner-operators seeking income stability and flexibility. Eachcommercial unit features gas heat, with Unit #925 boasting a brand-new gas furnace (installed May 2025).A 430 sq. ft. rear main floor storage area adds further versatility.. The upper levels include three spacious2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plusa partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a newwater heater, new roof, and four new windows. Both commercial units offer flexible layouts and can besubdivided, making it possible to create up to 8 individual units. For example, #925 could be easily dividedinto two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath andpartition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong incomepotential. Whether you're expanding your portfolio or looking for a space to operate your business withrental income above, this property delivers versatility, functionality, and opportunity in one package (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
NEARBY SCHOOL & BUSINESS
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