



$399,999
Owen Sound
827 3rd Avenue East, Owen Sound, Ontario, N4K2K6
This retail property in Owen Sound is for sale offering roughly 5,659 sq ft of space. It has been on the market 63 days, fresher than the Owen Sound average of 91 days.
An opportunity to own a versatile downtown property offering income, workspace, and endless possibilities. The ground level features a large, secure garage/shop space ideal for a small business, tradesperson, contractor, workshop, storage, or hobby enthusiast. With its generous size and secure access, this space could also be transformed into the ultimate man-cave or she-shed - perfect for collectors, hobbyists, makers, or anyone looking for a dedicated creative space.The second level features two tenanted, income-generating apartments, providing an excellent opportunity to offset ownership costs while enjoying the flexibility of the substantial commercial space below. Located in the heart of downtown Owen Sound, this property is within easy reach of shops, restaurants, services, and other amenities.Whether you're an entrepreneur looking for a place to operate your business, an investor seeking a mixed-use income property, or a hobbyist dreaming of your own private workshop, this unique property offers the combination of commercial utility and residential income that's hard to find downtown. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 63 days on market, against an average age of 91 days across the listings currently for sale in this city
This retail in Owen Sound has been listed for 63 days, which is 28 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 $399,999, about 5.8× the local median household income of $69,500.
Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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