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925 & 927 2ND AVE E Owen Sound, ON N4K 2H5
9,458 SqFt
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,458 sqft
Price per Sqft $105
Subdivision Owen Sound
MLS Listing ID X12477080
Annual Tax Amount $14,123
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintained commercial/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 residential apartments - ideal for investors or owner-operators seeking income stability and flexibility. Each commercial 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 spacious 2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plus a partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a new water heater, new roof, and four new windows. Both commercial units offer flexible layouts and can be subdivided, making it possible to create up to 8 individual units. For example, #925 could be easily divided into two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath and partition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong income potential. Whether you're expanding your portfolio or looking for a space to operate your business with rental income above, this property delivers versatility, functionality, and opportunity in one package.
Location
Province ON
County Grey County
Community Owen Sound
Area Grey County
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 41.24
Lot Depth 169.31
Others
Security Features No
ParcelsYN No
Listed by Royal LePage RCR Realty
