$995,000
Available - For Sale
Listing ID: X12477080
925 & 9 2ND Aven East , Owen Sound, N4K 2H5, Grey County
| 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. |
| Price | $995,000 |
| Taxes: | $14123.31 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 925 & 9 2ND Aven East , Owen Sound, N4K 2H5, Grey County |
| Postal Code: | N4K 2H5 |
| Province/State: | Grey County |
| Directions/Cross Streets: | 2ND AVE E/9TH ST E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 9458.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Franchise: | F |
| Hours Open: | 0 |
| Employees #: | 0 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Central Air Conditioning: | Yes |
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| Royal LePage RCR Realty |
|
|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Grey County |
| Municipality: | Owen Sound |
| Neighbourhood: | Owen Sound |
| Tax: | $14,123.31 |
| Fireplace: | N |
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