314 8th Street E Owen Sound, Ontario N4K 1L4

5 浴室 5274 sqft
Partially Air Conditioned Hot Water Radiator Heat

$949,000

Your money works harder in Owen Sound. Unlock immediate cash flow with this turnkey, fully tenanted mixed-use investment property in the heart of the Scenic City's revitalized downtown core. Extensively renovated and built for performance, this three-storey income generating powerhouse pulls in over $110,000 in gross annual income with remarkably low operating expenses, delivering an impressive 10% cap rate. The main floor is occupied by an established convenience store business with strong community presence and consistent foot traffic, providing stable commercial tenancy in a high-visibility downtown location. Above, 4 beautifully updated residential apartments spanning approximately 2,537 sq ft are fully rented and generate strong, reliable income. Tenants enjoy stylish interiors and upgraded finishes throughout, helping attract premium market rents and minimize vacancy risk. Extensive improvements have been completed throughout the building, including a full exterior facelift with new metal siding and stone façade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), new on-demand hot water system (2023), new automatic WiFi-enabled gated parking access (2023), and new roof (2015). The residential units have also undergone significant renovations, with full renovations completed between 2019 and 2022. Private gated parking, modernized curb appeal, updated mechanicals, and a strategic location within Owen Sound's growing downtown district make this a rare plug-and-play opportunity in one of Grey County's most strategic urban hubs. Whether you're expanding your portfolio or entering the investment market with an eye for quality cash flow and long-term upside, 314 8th Street East delivers immediate income from day one. Financials available to qualified buyers. Vendor Take Back (VTB) financing may be considered. (id:43681)

商业信息

Name Central Variety

房源概要

MLS® Number X13165322
房源类型 Retail
社区名字 Owen Sound
附近的便利设施 Highway, 公共交通
设备类型 热水器
特征 Irregular Lot Size
总车位 6
租赁设备类型 热水器

详 情

浴室 5
空调 Partially Air Conditioned
供暖方式 天然气
供暖类型 Hot Water Radiator Heat
内部尺寸 5274 Sqft
设备间 市政供水

土地

英亩数
土地便利设施 Highway, 公共交通
土地深度 169 Ft ,8 In
土地宽度 23 Ft ,3 In
不规则大小 0.121
Size Total 0.121 Ac
规划描述 C1

https://www.realtor.ca/real-estate/29795300/314-8th-street-e-owen-sound-owen-sound