



$499,900
Owen Sound
1028 2nd Avenue, Owen Sound, Ontario, N4K2H7
This retail property in Owen Sound is for sale offering roughly 4,286 sq ft of space.
Ideally located in Owen Sound's sought-after Downtown River District, this versatile commercial property offers an excellent opportunity for both owner-users and investors. The property is currently occupied on a month-to-month basis, providing flexibility, and the existing café tenant has expressed interest in remaining, offering potential continuity of income. The building features two main Street entrances, allowing for the possibility of separating the space for multiple users or mixed-use configurations. The current layout includes a separate office component with its own main Street entrance, consisting of three offices, a large meeting room, washroom, and storage area. (See attached Floor Plans - measurements are approximate.) The café portion offers seating for approximately 24-30 patrons, two washrooms, an abundance of storage, and a large open rear area that includes three additional offices, providing flexibility for expansion or alternative uses. Additional features include two rear accesses to 1st Avenue East, parking for four vehicles, and a loading dock, enhancing functionality for retail, food service, or service-oriented operations. Note: This property is being sold in conjunction with 1024 2nd Avenue East, presenting a rare opportunity to acquire a significant presence in one of Owen Sound's premier downtown commercial locations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 300 days on market, against an average age of 91 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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