950-956 & 948 2nd Avenue
Owen Sound, ON
- 12,669 sqft
- Commercial Retail
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.
Listing Details
- Taxes (2025)
- $25,161
- Listed
- September 9, 2026
Price History
Property
- Lot Size
- 63.5 x 118.8 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- 2nd Avenue E & 10th St W
- Zoning
- C1-1ZH
- Parcel Number
- 370740424
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 5364 Sq Ft
Included
- Inclusions
- Call LA
- Exclusions
- All tenant items
- Rental Items
- Hot water tanks
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
- 275
- Median days on market
- 33
- Sale-to-list price
- 96.2%
Based on 275 recorded sales of commercial properties in Owen Sound over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 12,669 sq ft
- Price per sq ft
- $165.76
- Annual property tax
- $25,161
- Tax per sq ft
- $1.99
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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