221 8Th Street
Owen Sound, N4K 1L2
FOR SALE
$549,000

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Commercial Retail
CATEGORY1,000 Sq Ft
RETAIL AREAX13000640
MLSIDContact Us
Property Description
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.
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Property Details
Address
221 8Th Street
Community
City
Postal Code
N4K 1L2
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
C1-1
Lot Size
33' x 105'
Retail Area
1,000 Sq Ft
Taxes
$5,570 (2025
Heat Type
Gas Hot Water
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Sutton-Sound Realty
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