












1/14SUITE 200 - OFFICE 14 - 1450 1ST AVENUE W, Owen Sound, ON N4K6W2
Price on request
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Asset Class
Office
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
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Occupancy
84%
Introducing a new standard for modern workspaces at the Northridge BizPlex in Owen Sound - a thoughtfully designed commercial office environment that aligns with how today's professionals actually work. Perfectly positioned along the waterfront, this innovative development offers a flexible, cost-effective alternative to traditional office space. Tailored for small businesses, freelancers, and remote professionals, these private offices are fully built-out and turnkey-eliminating the need for costly renovations or inefficient layouts. Beyond your private office, the Northridge BizPlex offers a full suite of shared amenities designed to support productivity and professionalism. Enjoy high-speed internet, fully equipped meeting rooms, hot desk options, a shared kitchenette, and a welcoming client waiting area-all included within one predictable monthly rate. This contemporary office suite also features expansive windows, 9-foot ceilings, premium lighting, excellent soundproofing and polished reception areas that create a strong first impression for clients. With Phase One now available and Phase Two currently under construction, this is an ideal opportunity for forward-thinking businesses to secure space and plan ahead for future growth. Step outside and experience the added value of this exceptional location, just moments from the harbour front, nearby amenities, and everyday conveniences. Whether you're launching, scaling, or refining your business environment, the Northridge BizPlex delivers a seamless blend of flexibility, functionality, and location-redefining office space in Owen Sound. (id:66811)
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Monthly debt service
$7K
Projected NOI
$68K
Annual cash flow
$-15K
Cash-on-cash
-3.26%
DSCR
0.82
Going-in cap
4.56%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
129,091
Households
54,870
Median income
$100,500
Median age
32
Daytime population
114,019
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for SUITE 200 - OFFICE 14 - 1450 1ST AVENUE W, Owen Sound.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.