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1028 2nd Avenue

1028 2nd Avenue

Owen Sound, ON

4,286 sqft • Commercial Retail • 227 days on market

$499,900Price reduced 50%

Ideally located in Owen Sound's sought-after Downtown River District, this versatile commercial property offers an excellent opportunity for both owner-users and investors. The property is currently occupied on a month-to-month basis, providing flexibility, and the existing café tenant has expressed interest in remaining, offering potential continuity of income. The building features two main Street entrances, allowing for the possibility of separating the space for multiple users or mixed-use configurations. The current layout includes a separate office component with its own main Street entrance, consisting of three offices, a large meeting room, washroom, and storage area. (See attached Floor Plans - measurements are approximate.) The café portion offers seating for approximately 24-30 patrons, two washrooms, an abundance of storage, and a large open rear area that includes three additional offices, providing flexibility for expansion or alternative uses. Additional features include two rear accesses to 1st Avenue East, parking for four vehicles, and a loading dock, enhancing functionality for retail, food service, or service-oriented operations. Note: This property is being sold in conjunction with 1024 2nd Avenue East, presenting a rare opportunity to acquire a significant presence in one of Owen Sound's premier downtown commercial locations.

Listing Details

Taxes (2025)
$9,202
Originally Listed
$995,000
Listed
January 6, 2026

Price History

Property

Lot Size
37.66 x 159 Feet

Location & Legal

Cross Street
2nd Ave E & 10th St E
Zoning
C1-1
Parcel Number
370540124
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Exclusions
Cafe equipment and chattels.

Community

Postal area N4K

Population
28,975
Private dwellings
13,555
Median age
49.2
Average household size
2.2
Median household income
$69,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Owen Sound · last 12 months

Median sold price
$445,000
Homes sold
279
Median days on market
32
Sale-to-list price
96.3%

Based on 279 recorded sales of commercial properties in Owen Sound over the last 12 months.

Listed by

Sutton-Sound Realty

Location

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