221 8th Street

Owen Sound, ON

3,000 sqft • Commercial Retail • 135 days on market

$549,000

INCREDIBLE INVESTMENT OPPORTUNITY within this Excellently Maintained and Updated Commercial Space with FOUR RESIDENTIAL APARTMENTS Above--- Current Monthly Rents for Occupied Residential Units--$663.80, $1400.00 and $1500.00-Inclusive Rents. Potential Rents for Commercial Space and outstanding Residential Unit believed to be approximately $1500.00 EACH for an ADDITIONAL $3000.00/Month. Commercial Space is currently Vacant due to Retirement-One Residential Apartment is Currently Vacant. Updated Windows (2022), Most Flooring (Commercial Grade within Retail Space), Paint, Plumbing Fixtures (Faucets and Toilets Throughout including an ACCESSIBLE WASHROOM within Retail/Office Space). Additional Finished Basement Area with Multiple Finished Rooms in Terrific Shape! Vacant possession offered within the completely renovated Main floor and Lower Level as well as One Residential Unit. An Abundance of Municipal Parking in Close Proximity. Ask your REALTOR for Break Down of Income and Expenses.

Listing Details

Taxes (2025): $5,570
Listed: April 15, 2026

Price History

Listing history

Property

Lot Size: 32.96 x 105.39 Feet

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: 2nd Ave East and 8th St East
Zoning: C1-1
Parcel Number: 370680005
Possession: Immediate

Commercial

Occupancy: Partial

Included

Inclusions: Refrigerators (4), Stoves (4)
Exclusions: Tenants Belongings
Rental Items: Hot Water Heater

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: $441,500
Homes sold: 276
Median days on market: 32
Sale-to-list price: 96.4%

Based on 276 recorded sales of commercial properties in Owen Sound over the last 12 months.

Listed by

Sutton-Sound Realty

Location

Commercial figures

Building area: 3,000 sq ft
Price per sq ft: $183.00
Annual property tax: $5,570
Tax per sq ft: $1.86

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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