844 2nd AVE E new

Owen Sound,ON N4K 2H3

$ 1670000

- Bed

8 Baths

8160 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,160 sqft

Price per Sqft $204

Subdivision Owen Sound

MLS Listing ID X12211237

Building Age 100+

Annual Tax Amount $9,830

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

8-Plex with the potential to convert it into a 9-Plex with approval from the city. Listed at potential 8.5% Cap Rate! 6 recently updated apartments and 2 commercial units. 3 1-bedroom units, 3 2-bedroom units. One vacant commercial unit which could be split in half and one rented commercial unit. All 6 apartments are vacant upon possession so you can set your own rate and pick your own tenants or use the space yourself. Potentially over 75% residential threshold. New Windows (2025), New Roof (2024), Light Fixtures, Kitchen Fixtures, Bathroom Fixtures, New Paint, New Flooring, Some new drywall, all replaced within past 6 months.

Location

Province ON

County Grey County

Community Owen Sound

Area Grey County

Interior

Cooling Partial

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Lot Frontage 30.9

Lot Depth 160.8

Others

Security Features Partial

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