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

Owen Sound, ON, N4K 2H6 · Owen Sound

— Sq Ft
Commercial Retail Type
X13763528 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: Partial
  • Heat Type: Electric Forced Air
  • Sewer: Sanitary

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage None
Heat Type Electric Forced Air
Cooling Partial
Sewer Sanitary
Annual Tax $25,161
Tax Year 2025

Building & Construction

Building Area Total
12669

Heating & Cooling

Heat Type
Electric Forced Air
Cooling
Partial

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
118.80
Lot Width
63.50

Community & Neighborhood

Community Features
Public Transit

Financial & Tax

Tax Annual Amount
$25,161
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA

Utilities & Services

Sewer
Sanitary
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Grey County
Cross Street
2nd Avenue E & 10th St W
Directions
2nd Avenue E & 10th St W
Showing Requirements
Lockbox

Location

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

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
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