haho.ca
$749,900
For sale

1178 4th Avenue West, Owen Sound - Business for Sale

1178 4th Avenue West, Owen Sound, Ontario, N4K4W5

5 beds2 baths20 parking4,600 ft²Listed 89 days ago
Overview

This business in Owen Sound is for sale offering roughly 4,600 sq ft of space.

Description

Set on a prominent 165 x 120 ft lot (approximately 0.45 acres) in one of Owen Sound's most desirable areas, this unique property offers over 4,600 sq. ft. of finished above-grade space along with exceptional flexibility for future use. The main building features impressive ceiling heights, hardwood flooring, detailed crown moulding, and large windows that provide abundant natural light throughout. Architectural character from a bygone era is evident in the craftsmanship and scale of the interior, complemented by a covered verandah, widow's walk, and attached carport. Zoned R5, the property allows for a wide range of permitted uses, including multi-residential development, professional office space, or conversion to a bed and breakfast, the opportunities are endless. The layout and scale also lend themselves well to a large single-family residence or adaptive re-use project. The site offers a large paved parking area with three separate street access points, providing ideal access for commercial or multi-unit use. In addition, a detached two-storey brick coach house presents further potential for redevelopment, storage, or additional finished space. The basement of the main property provides additional utility space suitable for storage or future development. The property is serviced with hot water radiant heating via a gas boiler system and ductless mini-split air conditioning units for year-round comfort. A rare offering combining size, layout, and historic character in a central and established location, presenting a strong opportunity for redevelopment or restoration. (id:66096)

Property Details

MLS®
X13649464
Property Type
Business
Zoning
R5
Bedrooms
5
Bathrooms
2
Parking
20
Interior Size
4,600 ft²
Frontage
122 ft
Building Area
4,600 ft²
Heating
Radiant heat
Cooling
Fully air conditioned
Property Tax
$5,914/yr
Listed
89 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
89d
Owen Sound listings, avg age
91d
Price / ft²
$163
List price
$750K

Long Listed: 89 days on market, against an average age of 91 days across the listings currently for sale in this city

Haho

This 5-bed business in Owen Sound has been listed for 89 days, which is 2 days fresher than the city average of 91. Act while there is still low competition.

Listed by RE/MAX Grey Bruce Realty Inc. · ANGELA MOEBIUS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $749,900, about 10.8× the local median household income of $69,500.

Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.

Median household income
$69,500
Population
28,975
Median age
49.2
Owner / renter
66% / 34%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$749,900· $163/ft²
For sale

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Financing

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$749,900

Owen Sound

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