$625,000
Owen Sound
1025 2nd Avenue West, Owen Sound, Ontario, N4K4N1
This office property in Owen Sound is for sale offering roughly 1,649 sq ft of space. It has been on the market 49 days, fresher than the Owen Sound average of 91 days.
Located in the heart of downtown Owen Sound, this mixed-use investment property offers an excellent opportunity for investors or owner-occupiers seeking strong income potential and long-term value.The main floor features commercial office space, ideal for professional services or business operations, benefiting from high visibility and convenient accessibility. Upstairs, you'll find a spacious 3-bedroom apartment with a separate private entrance, providing excellent rental income potential or comfortable owner accommodation.This property offers ample on-site parking along with two laneway access points, allowing for easy in-and-out vehicle flow - a rare and valuable feature in the downtown core. Additional highlights include forced-air gas heating, central air conditioning, an EV charging plug , and a durable steel roof, helping to reduce long-term maintenance concerns while improving energy efficiency.Whether you're looking to expand your investment portfolio or operate your business while generating residential rental income, this well-located mixed-use property delivers flexibility and convenience. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 91 days across the listings currently for sale in this city
This office in Owen Sound has been listed for 49 days, which is 42 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $625,000, about 9.0× the local median household income of $69,500.
Carrying it typically needs a household income of about $122,084 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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