REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,670,000
Est. payment /mo
New
844 2nd AVE E Owen Sound, ON N4K 2H3
8 Baths
8,160 SqFt
UPDATED:
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
Listed by COMFREE