708 16th Street
Owen Sound, ON
- 3 bath
- 2,640 sqft
- Office
- 112 days on market
Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.
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Listing Details
- Taxes (2025)
- $11,695
- Listed
- May 14, 2026
Price History
Listing history
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Property
- Lot Size
- 91.25 x 105.13 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- 7th Ave E
- Zoning
- C3
- Parcel Number
- 370570133
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 2640.86 Sq Ft
Included
- Inclusions
- 1 refrigerator, 1 stove (in residential unit). 1 stacking washer/clothes dryer on 2nd level.
- Exclusions
- Tenant belongings.
- Rental Items
- None.
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
- $444,000
- Homes sold
- 275
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 275 recorded sales of commercial properties in Owen Sound over the last 12 months.
Listed by
eXp Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,640 sq ft
- Price per sq ft
- $245.83
- Annual property tax
- $11,695
- Tax per sq ft
- $4.43
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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