925 & 927 2ND Avenue E, Owen Sound, ON N4K 2H5

Owen Sound N4K 2H5 Ontario

MLS: X12477080

$995,000

Added 10 hours ago | For Sale

Listed by: Royal LePage RCR Realty

About Property

Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintained commercial/residential property offering over 9,400 sq. ft. of total space. Located in a high-visibility area, this solid building includes two commercial units (each approx. 2,300 sq. ft.) and four residential apartments - ideal for investors or owner-operators seeking income stability and flexibility. Each commercial unit features gas heat, with Unit #925 boasting a brand-new gas furnace (installed May 2025). A 430 sq. ft. rear main floor storage area adds further versatility.. The upper levels include three spacious 2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plus a partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a new water heater, new roof, and four new windows. Both commercial units offer flexible layouts and can be subdivided, making it possible to create up to 8 individual units. For example, #925 could be easily divided into two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath and partition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong income potential. Whether you're expanding your portfolio or looking for a space to operate your business with rental income above, this property delivers versatility, functionality, and opportunity in one package.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 41.24 X 169.31
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:2ND AVE E/9TH ST E
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $14123.31
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12477080

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