937 2nd Avenue E Owen Sound, Ontario N4K 2H5

$524,900

Exceptional investment and redevelopment opportunity in the heart of Owen Sound's thriving downtown core. This solid brick 2-storey commercial building offers approximately 9,520 sq. ft. of space and is ideally positioned within the River District Commercial Area, a highly desirable mixed-use corridor that permits a wide range of commercial, institutional, recreational, and residential uses. The main floor spans approximately 4,710 sq. ft. and is currently configured as a successful bar/nightclub operation. The space features a large open-concept layout with men's and ladies washrooms located at the rear of the building, providing stable income while future plans are explored. The second floor offers approximately 4,810 sq. ft. of vacant space with soaring ceilings, exposed brick walls, and impressive exposed beam construction, creating an ideal canvas for redevelopment. Potential uses include residential apartments, professional offices, creative workspaces, boutique commercial units, or a mixed-use conversion, subject to municipal approvals. A dry basement provides ample storage and mechanical space. Situated in Owen Sound's historic downtown district, this property is surrounded by restaurants, shops, professional services, entertainment venues, and waterfront amenities. Whether you are an investor seeking income with future upside, a developer looking for a conversion project, or an entrepreneur searching for a landmark downtown property, this versatile building offers exceptional potential in a growing and revitalized urban centre. (id:43681)

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https://www.realtor.ca/real-estate/29895453/937-2nd-avenue-e-owen-sound-owen-sound