$475,000
Available - For Sale
Listing ID: X13437206
937 2nd Avenue East , Owen Sound, N4K 2H5, Grey County
| Exceptional investment and redevelopment opportunity in the heart of Owen Sound's thriving downtown core. This solid brick 2-storey commercial building offers approximately 9,520 sq. ft. of space and is ideally positioned within the River District Commercial Area, a highly desirable mixed-use corridor that permits a wide range of commercial, institutional, recreational, and residential uses. The main floor spans approximately 4,710 sq. ft. and is currently configured as a successful bar/nightclub operation. The space features a large open-concept layout with men's and ladies washrooms located at the rear of the building, providing stable income while future plans are explored. The second floor offers approximately 4,810 sq. ft. of vacant space with soaring ceilings, exposed brick walls, and impressive exposed beam construction, creating an ideal canvas for redevelopment. Potential uses include residential apartments, professional offices, creative workspaces, boutique commercial units, or a mixed-use conversion, subject to municipal approvals. A dry basement provides ample storage and mechanical space. Situated in Owen Sound's historic downtown district, this property is surrounded by restaurants, shops, professional services, entertainment venues, and waterfront amenities. Whether you are an investor seeking income with future upside, a developer looking for a conversion project, or an entrepreneur searching for a landmark downtown property, this versatile building offers exceptional potential in a growing and revitalized urban centre. |
| Price | $475,000 |
| Taxes: | $14369.52 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 937 2nd Avenue East , Owen Sound, N4K 2H5, Grey County |
| Postal Code: | N4K 2H5 |
| Province/State: | Grey County |
| Legal Description: | PT LT 30 RCP 850 OWEN SOUND PT 3, 4 & 5, |
| Directions/Cross Streets: | 2ND AVE E & 10TH ST |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 9570.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CROSSTOWN REALTY INC. |
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Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Grey County |
| Municipality: | Owen Sound |
| Neighbourhood: | Owen Sound |
| Tax: | $14,369.52 |
| Fireplace: | N |
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