More Photos

×

    For Sale - 314 8th Street, Owen Sound, Ontario

    Est payment $4,317/mo
    Get pre-qualified
    Views   1
    Time on Jump  1 days




    **over 10% cap rate. Fully tenanted. $110,000+ in gross annual income.** at $899,000, the numbers speak for themselves. 314 8th street east offers immediate cash flow from a substantially improved mixed-use asset in the heart of downtown owen sound. Five income streams under one roof. The 5,274 sq. Ft. Building combines 4 extensively renovated residential apartments with an established main-floor convenience store secured by a long-term commercial lease with contractual annual rent escalations providing diversified income with built-in growth. And here's what separates this one from the typical income property: the heavy lifting has already been done. Significant capital improvements include a full exterior facelift with new metal siding and stone façade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), on-demand hot water (2023), automatic wifi-enabled gated private parking (2023), roof (2015), and extensive renovations to all 4 residential apartments between 2019 and 2022. The approximately 2,537 sq. Ft. Residential component is 100% occupied, while the established commercial tenant anchors the main floor in a high-visibility downtown location. No lease-up period. No major renovation project. No waiting for future potential to make the numbers work. The income is already here. For investors looking for immediate cash flow, diversified income, significant capital improvements already completed and long-term upside, your money works harder in owen sound. Full rent roll, income and expense statement and supporting financials available to qualified buyers. **vendor take-back (vtb) financing may be available.**
    Listing IDX13711250
    Address314 8th Street
    CityOwen Sound, Ontario
    Price$899,000
    Bath5 Full
    StyleInvestment
    Land Size0.121
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary+Storm

    ASAP

    Thu

    27

    Aug

    Fri

    28

    Aug

    Sat

    29

    Aug

    Sun

    30

    Aug

    Mon

    31

    Aug

    Tue

    1

    Sep

    Wed

    2

    Sep

    Thu

    3

    Sep

    Fri

    4

    Sep

    Sat

    5

    Sep

    Sun

    6

    Sep

    Mon

    7

    Sep

    Tue

    8

    Sep

    Wed

    9

    Sep

    Thu

    10

    Sep

    Fri

    11

    Sep

    Sat

    12

    Sep

    Sun

    13

    Sep

    Mon

    14

    Sep

    Tue

    15

    Sep

    Wed

    16

    Sep

    Thu

    17

    Sep

    Fri

    18

    Sep

    Sat

    19

    Sep

    Sun

    20

    Sep

    Mon

    21

    Sep

    Tue

    22

    Sep

    Wed

    23

    Sep

    Thu

    24

    Sep

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  Keller Williams Experience Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    2591 7th Avenue
    Owen Sound, Ontario.
    5 Beds | 4 Baths
    $799,900
    1050 4th Avenue
    Owen Sound, Ontario.
    5 Beds | 4 Baths
    $849,000
    126 5th Avenue
    Owen Sound, Ontario.
    4 Beds | 2 Baths
    $879,000
    457 2nd Avenue
    Owen Sound, Ontario.
    4 Beds | 3 Baths
    $799,000
    336 5th Avenue A N/a
    Owen Sound, Ontario.
    4 Beds | 3 Baths
    $899,900
    300 4th Avenue
    Owen Sound, Ontario.
    4 Beds | 3 Baths
    $789,000
    1000 1st Avenue
    Owen Sound, Ontario.
    7 Beds | 6 Baths
    $949,000
    1510 7th Avenue
    Owen Sound, Ontario.
    3 Beds | 3 Baths
    $798,000
    211 5th Street
    Owen Sound, Ontario.
    4 Beds | 3 Baths
    $875,000
    Loading...
    314 8th Street
    Owen Sound , Ontario
    5 $899,000
    Get more info