950-956 & 948 2nd Avenue E

About this home

Prime Mixed-Use Investment Opportunity in Owen Sound's Historic River District! Welcome to an exceptional mixed-use investment opportunity in the heart of Owen Sound's Historic River District. This unique property offers a strong combination of commercial and residential income, featuring three road-front retail spaces and eight residential units.The main level includes three highly visible road-front retail spaces, providing excellent exposure and accessibility. One retail unit is currently occupied by a thriving fine dining establishment, while the second is home to a dry grocery and food store, providing established commercial uses and potential for stable rental income. The third retail space offers an excellent opportunity for an additional tenant or owner-user. Above the commercial spaces are eight residential units, creating a diversified income-producing property with both commercial and residential components. This combination provides investors with multiple revenue streams and the potential to benefit from the continued growth and revitalization of Owen Sound's downtown core. Located in the vibrant Historic River District, the property is within close proximity to shops, restaurants, waterfront attractions, parks, services, and other downtown amenities. Excellent visibility, road frontage, established commercial tenants, and multiple residential units make this an attractive opportunity for investors seeking a well-positioned mixed-use property with significant income potential. Three road-front retail spaces + eight residential units = a rare and versatile income-producing opportunity in downtown Owen Sound.

Details

Type

Commercial Retail

Lot

63.5 × 118.8 ft

Garage

None

Property tax

$25,161 (2025)

Neighbourhood

Owen Sound

Municipality

Owen Sound

Heating, cooling and services

Heating

Electric Forced Air

Air conditioning

Partial

Water and sewer

Sanitary

Utilities

Yes

Building and exterior

Building area

12,669 Square Feet

More

Possession

TBA

Cross street

2nd Avenue E & 10th St W

Business type

Retail Store Related