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
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
|
无 |
|
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