






1/8828 3RD Avenue E, Owen Sound, ON N4K2K5
Price on request
1,870 SF
Asset Class
Specialty
Size
1,870 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
95%
Excellent opportunity to lease flexible commercial space in Downtown Owen Sound. Approximately 1,870 sq. ft. of main-floor commercial space plus approximately 2,000 sq. ft. of basement space included at no additional charge. Rent is $3,000 per month plus hydro. Tenant is responsible for garbage/recycling removal and snow removal. Located in a well-maintained mixed-use building with all nine residential units currently rented. Municipal parking is conveniently located beside the property, with monthly parking available for approximately $30.The space offers a flexible layout suitable for professional office, wellness, salon, studio, training/education, service business, specialty retail or other permitted commercial uses. Two washrooms and a large lower-level area provide excellent additional storage, office or operational space. Immediate possession available. Excellent value for a tenant looking for substantial commercial space in a convenient Downtown Owen Sound location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 1,222 SF | 2034-10 |
| Aurora Legal LLP | 400 SF | 2034-10 |
| Aurora Legal LLP | 400 SF | 2034-10 |
Trade area within 3 miles of the property.
Population
119,741
Households
52,847
Median income
$87,000
Median age
41.7
Daytime population
202,660
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 828 3RD Avenue E, 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.