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$625,000 total
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Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
88%
Lot Size
0.24 ac
Located in the heart of downtown Owen Sound, this mixed-use investment property offers an excellent opportunity for investors or owner-occupiers seeking strong income potential and long-term value.The main floor features commercial office space, ideal for professional services or business operations, benefiting from high visibility and convenient accessibility. Upstairs, you'll find a spacious 3-bedroom apartment with a separate private entrance, providing excellent rental income potential or comfortable owner accommodation.This property offers ample on-site parking along with two laneway access points, allowing for easy in-and-out vehicle flow - a rare and valuable feature in the downtown core. Additional highlights include forced-air gas heating, central air conditioning, an EV charging plug , and a durable steel roof, helping to reduce long-term maintenance concerns while improving energy efficiency.Whether you're looking to expand your investment portfolio or operate your business while generating residential rental income, this well-located mixed-use property delivers flexibility and convenience. (id:66811)
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Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-1K
Cash-on-cash
-0.54%
DSCR
0.97
Going-in cap
5.38%
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
131,007
Households
50,573
Median income
$125,500
Median age
37.1
Daytime population
194,195
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1025 2ND 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.