1140 3rd Avenue

Owen Sound, ON

5,726 sqft
Land

$89,000

TWO PLAYS. ONE DOWNTOWN LOT. $89,000. At 35' x 165', this C1-zoned parcel in the heart of Owen Sound is a small piece of land with some seriously interesting possibilities. PLAY ONE: explore a purpose-built three-storey residential project with up to 6 apartments. PLAY TWO: go mixed-use, commercial at street level with residential above and create the kind of downtown building that generates income from more than one source. Think clinic, wellness, salon, professional office, studio, or boutique retail below, with apartments upstairs. And the timing is interesting: further down 3rd Avenue, two brand new multi-storey residential developments are already reinforcing the infill story along this corridor. Municipal services are available, and a 2021 survey and conceptual site plan are already in hand. You're steps from downtown, the harbour, shops, restaurants and the Bayshore, with an entry price of just $89,000. Build 6 doors. Build mixed-use. Land-bank it and watch what happens around you. There aren't many opportunities to get into the downtown development game for under $100K, and this one already comes with a vision.

Listing Details

Taxes (2026): $2,137
Listed: September 1, 2026

Price History

Listing history

Property

Lot Size: 35 x 165 Feet

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: An exceptionally well-positioned vacant commercial lot in the downtown core - steps from established businesses and amenities, with the harbour and Bayshore nearby.
Zoning: C1
Parcel Number: 370540180
Possession: Immediate
Occupancy: Vacant

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: $444,500
Homes sold: 278
Median days on market: 33
Sale-to-list price: 96.1%

Based on 278 recorded sales of commercial properties in Owen Sound over the last 12 months.

Listed by

Keller Williams Experience Realty

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 5,726 sq ft
Price per sq ft: $15.54
Annual property tax: $2,137
Tax per sq ft: $0.37

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

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?