Concept only. Lot lines approximate. More Photos

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    For Sale - 1140 3rd Avenue, Owen Sound, Ontario

    Est payment $427/mo
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    Views   1
    Time on Jump  20 day

    AI Summary *

    • C1-zoned lot offers flexible development options in downtown Owen Sound.
    • Potential for a three-storey residential building with up to 6 apartments.
    • Mixed-use possibility combining commercial space with residential units above.
    • Located steps from shops, restaurants, and the scenic harbour area.
    • Affordable entry point into downtown development under $100K with plans available.




    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.
    Listing IDX13730068
    Address1140 3rd Avenue
    CityOwen Sound, Ontario
    Price$89,000
    StyleLand
    Land Size5726.39
    TypeVacant Land
    StatusFor Sale

    Subtype LandCommunity Features Major Highway, Public TransitSewer Sanitary+Storm

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    Listing Agency:  Keller Williams Experience Realty

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