925 & 927 2ND AVENUE E , Owen Sound Ontario N4K2H5

Sale $995,000  | 
Listing # X12477080
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Peter Ferragine

Peter Ferragine

Sales Representative

Phone: 905.775.5557
Fax: 905.775.9075
Mobile: 905.716.3177

peter@theferragineteam.com
www.theferragineteam.com

Royal LePage RCR Realty, Brokerage (Independently owned and operated)

Brokerage

17360 YONGE STREET
NEWMARKET,  ON L3Y7R6

Remarks:

Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintained commercial/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 residential apartments - ideal for investors or owner-operators seeking income stability and flexibility. Each commercial 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 spacious 2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plus a partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a new water heater, new roof, and four new windows. Both commercial units offer flexible layouts and can be subdivided, making it possible to create up to 8 individual units. For example, #925 could be easily divided into two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath and partition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong income potential. Whether you're expanding your portfolio or looking for a space to operate your business with rental income above, this property delivers versatility, functionality, and opportunity in one package. (id:27)

Commercial : Retail

Neighbourhood: Owen Sound
Lot Frontage: 41.2 Feet
Lot Depth: 169.3 Feet
Lot Size: Bldg=41.24 x 169.31 FT
Floor Space (approx): 9458 Square Feet
Zoning: C1-1

Property Features:

Farm Type: Other
Property Type: Retail

Building Features:

Cooling Type: Fully air conditioned
Heating Fuel: Natural gas
Heating Type: Forced air