For Sale - 221 8th Street, Owen Sound, Ontario

Est payment $2,636/mo
Views   1
Time on Jump  2 day
  • Excellent investment with updated commercial space and four residential apartments.
  • Current rents provide solid monthly income with potential for increased revenue.
  • Vacant commercial space ready for a new business or tenant setup.
  • Updated windows and flooring enhance the property's value and efficiency.
  • Ample municipal parking nearby for convenience and accessibility.



Incredible investment opportunity within this excellently maintained and updated commercial space with four residential apartments above--- current monthly rents for occupied residential units--$663. 80, $1400. 00 and $1500. 00-inclusive rents. Potential rents for commercial space and outstanding residential unit believed to be approximately $1500. 00 each for an additional $3000. 00/month. Commercial space is currently vacant due to retirement-one residential apartment is currently vacant. Updated windows (2022), most flooring (commercial grade within retail space), paint, plumbing fixtures (faucets and toilets throughout including an accessible washroom within retail/office space). Additional finished basement area with multiple finished rooms in terrific shape! Vacant possession offered within the completely renovated main floor and lower level as well as one residential unit. An abundance of municipal parking in close proximity. Ask your realtor for break down of income and expenses.
Listing IDX13000640
Address221 8th Street
CityOwen Sound, Ontario
Price$549,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailCommunity Features Public Transit, Recreation/Community CentreBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary
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Listing Agency:  Sutton-Sound Realty

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221 8th Street
Owen Sound , Ontario
$549,000
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