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$ 89,000
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1140 3rd AVE E Owen Sound, ON N4K 2L4
5,726 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,726 sqft
Price per Sqft $15
Subdivision Owen Sound
MLS Listing ID X13730068
Annual Tax Amount $2,136
Tax Year 2026
Property Sub-Type Land
Property Description
TWO PLAYS. ONE DOWNTOWN LOT. $89,000. At 35' x 165', this C1-zoned parcel in the heart of Owen Sound is a small piece of land with some seriously interesting possibilities. PLAY ONE: explore a purpose-built three-storey residential project with up to 6 apartments. PLAY TWO: go mixed-use, commercial at street level with residential above and create the kind of downtown building that generates income from more than one source. Think clinic, wellness, salon, professional office, studio, or boutique retail below, with apartments upstairs. And the timing is interesting: further down 3rd Avenue, two brand new multi-storey residential developments are already reinforcing the infill story along this corridor. Municipal services are available, and a 2021 survey and conceptual site plan are already in hand. You're steps from downtown, the harbour, shops, restaurants and the Bayshore, with an entry price of just $89,000. Build 6 doors. Build mixed-use. Land-bank it and watch what happens around you. There aren't many opportunities to get into the downtown development game for under $100K, and this one already comes with a vision.
Location
Province ON
County Grey County
Area Grey County
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 35.0
Lot Depth 165.0
Others
ParcelsYN No
Listed by Keller Williams Experience Realty
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