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$ 475,000
Est. payment /mo
Price Dropped by $49K
937 2ND AVENUE E Owen Sound, ON N4K2H5
9,570 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 9570
Square Footage 9,570 sqft
Price per Sqft $49
Subdivision Owen Sound
MLS® Listing ID X13437206
Property Description
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://youtube.com/shorts/ivbK5_goTIc?si=xW42PlCbumGRlGZ7
Listed by RE/MAX CROSSTOWN REALTY INC.
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