For Sale · Office

SUITE 220 - UNIT 6 - 1717 2ND AVENUE E, Owen Sound

SUITE 220 - UNIT 6 - 1717 2ND AVENUE E, Owen Sound, ON N4K6V4

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

92%

About this property

Discover an affordable new way to work with your own private office space in Owen Sound! This exciting pre-construction coworking development offers thoughtfully designed 8' x 10' private office units within a professionally managed commercial building in a prime waterfront location. Situated in the former BDO building, the property offers an attractive, cost-effective alternative to traditional office leasing. Designed for entrepreneurs, freelancers, remote professionals, and small business owners, these private workspaces provide an affordable opportunity to establish a professional business presence without the expense of a larger commercial lease. Beyond your own dedicated office, enjoy access to shared building amenities including high-speed internet, fully equipped meeting rooms, a shared kitchenette, a client waiting area, and a rooftop terrace. Conveniently located near Bayshore Arena, the Best Western Hotel, and the Public Health Building, this development combines an excellent location, professional surroundings, and practical amenities in one affordable workspace solution. Whether you're launching a business, expanding your operations, or simply looking for a dedicated space outside the home, this is an opportunity to secure your own professional workspace at an accessible price point. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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.

Area demographics

Trade area within 3 miles of the property.

Population

124,475

Households

44,542

Median income

$75,500

Median age

39.4

Daytime population

194,790

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for SUITE 220 - UNIT 6 - 1717 2ND AVENUE E, Owen Sound.

NDA required
  • 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.