Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintainedcommercial/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 residentialapartments - ideal for investors or owner-operators seeking income stability and flexibility. Eachcommercial 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 spacious2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plusa partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a newwater heater, new roof, and four new windows. Both commercial units offer flexible layouts and can besubdivided, making it possible to create up to 8 individual units. For example, #925 could be easily dividedinto two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath andpartition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong incomepotential. Whether you're expanding your portfolio or looking for a space to operate your business withrental income above, this property delivers versatility, functionality, and opportunity in one package (id:44887)
| MLS® Number | X12793092 |
| Property Type | Retail |
| Community Name | Owen Sound |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas, Electric |
| HeatingType | Forced Air |
| SizeExterior | 9458 Sqft |
| SizeInterior | 9458 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 169 Ft ,3 In |
| SizeFrontage | 41 Ft ,2 In |
| SizeIrregular | Bldg=41.24 X 169.31 Ft |
| SizeTotalText | Bldg=41.24 X 169.31 Ft |
| ZoningDescription | C1-1 |
https://www.realtor.ca/real-estate/29366709/925-927-2nd-avenue-e-owen-sound-owen-sound
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Matt Hutten
Broker