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$499,900

827 2ND AVENUE E, Owen Sound, Ontario, N4K 2H2

MLS® # X12990312

Owen Sound ON, N4K 2H2

MLS® # X12990312

Property Information:

Building featuring 4 apartments, with ground-floor commercial space located in an excellent downtown location. The property includes four self-contained apartments, with two units on the second floor and two units on the third floor. All residential units are currently leased to established tenants. Floor plans for each unit are available in the listing pictures. The main floor consists of approximately 2,400 sq. ft. of commercial space, currently vacant. The layout includes a front retail or reception area, open workspace, multiple private offices, a kitchenette/lunchroom, and rear storage area, offering flexibility for a range of commercial or mixed-use applications.The building also features a full unfinished basement providing additional storage, with access from two separate staircases. Heating is provided by a gas-fired mid-efficiency furnace, with central air conditioning serving the main commercial area. On-site parking is available at the rear of the building with space for approximately six vehicles. Located within the downtown core, directly across from City Hall and within close proximity to the Farmers' Market and other amenities, this property offers a combination of residential income and vacant commercial space for future leasing or owner use. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 7
  • Half Bathrooms: 3
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 185.8 Feet
  • Lot Frontage: 25.8 Feet
  • Lot Size: 25.8 x 185.9 FT
  • Zoning: C1-1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX Grey Bruce Realty Inc.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 827 2ND AVENUE E, Owen Sound, Ontario, N4K 2H2

Demographic Information of 827 2ND AVENUE E, Owen Sound, Ontario, N4K 2H2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,018.09

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

4.88 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

0.1 %

University Degree

16.82 %

Commuter

Travel To Work

By Car

79.24 %

By Public Transit

0.03 %

By Walking

12.32 %

By Bicycle

0.03 %

By Other Methods

8.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.57 %

Houses

43.43 %

Own Vs. Rent