



$500,000
Owen Sound
605 10th Street West, Owen Sound, Ontario, N4K3R8
This retail property in Owen Sound is for sale offering roughly 2,300 sq ft of space. It has been on the market 56 days, fresher than the Owen Sound average of 93 days.
Rare opportunity to acquire a well-established commercial property on the west side of Owen Sound. This functional automotive service facility features 4 service bays, a reception area, bathroom facilities and parking for 20 vehicles. The property is ideally suited for an automotive repair operation, owner-user or investor seeking a well-maintained commercial building with established use. The roof and 2 gas forced air furnaces have been updated within the last 10 years. There are 4 - 10x10 doors within the last 10-15 years. High traffic corner location for maximum exposure. The building and land are being sold together along with the successful automotive repair business (separate listing, see below), offering the unique opportunity to own both the real estate and an established operation with a loyal customer base. The current owner is willing to consider Vendor Take-Back (VTB) financing on the building. A rare chance to own commercial real estate with an established business already in place. BUSINESS ALSO FOR SALE MLS X13773336. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 93 days across the listings currently for sale in this city
This retail in Owen Sound has been listed for 56 days, which is 37 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $500,000, about 7.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $97,668 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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