Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintainedcommercial/residential property offering over 9,400 sq. ft. of total space. Located in a high-visibility area,this solid building includes two commercial units (each approx. 2,300 sq. ft.) and four residentialapartments - ideal for investors or owner-operators seeking income stability and flexibility. Eachcommercial unit features gas heat, with Unit #925 boasting a brand-new gas furnace (installed May 2025).A 430 sq. ft. rear main floor storage area adds further versatility.. The upper levels include three spacious2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plusa partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a newwater heater, new roof, and four new windows. Both commercial units offer flexible layouts and can besubdivided, making it possible to create up to 8 individual units. For example, #925 could be easily dividedinto two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath andpartition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong incomepotential. Whether you're expanding your portfolio or looking for a space to operate your business withrental income above, this property delivers versatility, functionality, and opportunity in one package (id:4069)
Address
925 & 927 2ND AVENUE E
List Price
$995,000
Property Type
Retail
Type of Dwelling
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Owen Sound
Floor Area
9,458 Sq. Ft.
Lot Size
Bldg=41.24 x 169.31 FT Sq. Ft.
MLS® Number
X12793092
Listing Brokerage
Royal LePage RCR Realty
Postal Code
N4K2H5
Zoning
C1-1
