715 2nd Avenue East, Owen Sound | Image 1

715 2nd Avenue East

Owen Sound, Owen Sound

  • Commercial

$459,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C1

  • Age: 100+ years

  • Taxes: 4032.54

  • MLS®#: X9367005

  • Days on Site: 1 Days

  • Added: Sep 24, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: CHESTNUT PARK REAL ESTATE LIMITED

Searching for a solid real estate investment in a great location? Looking to run your business and have additional rental income? Check out 715 2nd Ave East in Owen Sound for a C1 zoned mixed use commercial and residential stand alone property. A well looked after building with 2 generous sized apartments currently rented, accessed by a welcoming, interior vestibule. The upper apartment even has a finished loft space! The 600 sq ft vacant lower level commercial space features a well located store front entrance, large picture window, separate bathroom, open floor space and rear entrance for storage and deliveries. Building features 3 parking spaces located at the rear of the building and there is plenty of public parking in the area. The floor plan of this building is well thought out. Why Lease space when you can Buy and Invest in Yourself! Seller willing to entertain a "Vendor/Seller Take Back Mortgage" for qualified individuals. Check out this wonderful opportunity in downtown Owen Sound!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Owen Sound

  • Community: Owen Sound

  • Availability Date: Flexible

  • Assessment Amount: $141,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 17 E/S POULETT ST 18 E/S POULETT ST PL OWEN SOUND AS IN R4

  • Taxes: $4,033

  • Expenses: Act

  • Insurance Fee: 4061

  • Hydro Expense: 1553

  • Heat Expenses: 1971

  • Other Expenses: 472

  • Taxes Type: Annual

  • Tax Year: 2024

  • Water Fees: 892

Land

  • Cross Street: 2nd Ave E and 7th St

  • Municipality District: Owen Sound

  • Parcel Number: 370680037

  • Sewer: Sanitary

  • Lot Depth: 108.9 Feet

  • Lot Frontage: 25.93 Feet

  • Zoning: C1

Additional Media

  • Virtual Tour: https://www.youtube.com/watch?v=cPT6NyzvEck

Commercial Specific

  • Sprinklers: N

  • Total Area: 3715

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Survey: N

  • Gross Income/Sales: 18611

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Map of 715 2nd Avenue East, Owen Sound
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$525,000
  • 0 bath
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