950-956 & 948 2nd AVE E, Owen Sound, ON N4K 2H6
950-956 & 948 2nd AVE E, Owen Sound, ON N4K 2H6
950-956 & 948 2nd AVE E, Owen Sound, ON N4K 2H6
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$2,100,000
Est. payment /mo
12,669 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,669 sqft

Price per Sqft $165

Subdivision Owen Sound

MLS Listing ID X13763528

Annual Tax Amount $25,160

Tax Year 2025

Property Sub-Type Commercial Retail

Property 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.

Location

Province ON

County Grey County

Area Grey County

Zoning C1-1ZH

Interior

Cooling Partial

Inclusions Call LA

Exterior

Parking Features None

Community Features Public Transit

Utilities Available Yes

Building

Lot Description Building

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Lited by ROYAL LEPAGE SIGNATURE REALTY

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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950-956 & 948 2nd AVE E

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