$499,000
Owen Sound
757 2nd Avenue East, Owen Sound, Ontario, N4K2G9
This office property in Owen Sound is for sale offering roughly 3,120 sq ft of space.
Iconic Office Building-First time offered for sale in nearly 80 years! Exceptionally well-maintained Professional Office Building formerly known as the Hanbidge and Bowman Building, ideally situated within a Quieter pocket of the Downtown Core. The Main Floor is 2106 sq ft featuring an Impressive & Welcoming Reception Area, Nine Large Executive Offices, a Spacious Lunchroom which can double as a Boardroom, as well a file/storage room. Any of the updated existing office furniture is included in the sale. Six exclusive parking spaces are located at the rear staff entrance and currently designated for main floor use. Abundant street parking is directly in front, with Municipal Parking lots nearby for added convenience and ease of accessibility. The Self-Contained Second Level (1,013 sq ft) boasts a Separate Street Entrance and has previously been leased as two separate units, offering excellent income potential. The front Second Level Unit includes two large rooms suitable for Reception and Workspace plus a Private Office. The Rear Unit offers an Open-Concept work area. This buildings Lower Level is partially finished and includes a 2-piece washroom, additional kitchenette area, and a spotless unfinished utility/storage room. A rare opportunity to own a landmark downtown professional building with flexibility and long-term investment potential. Updates include Second Level Windows (2023), Second Level Entrance (2024), Furnace servicing Lower Level/Main Floor (approx. 6/7 yrs), Furnace servicing Second Level (approx. 8 yrs.) (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 246 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 $499,000, about 7.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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