$2,950,000

Owen Sound ON, N4K 1N8

MLS® # X12404850

Property Information:

Discover 261 9th Street East, a well-maintained mixed-use property in the heart of Owen Sound. This income-producing building features 6 fully leased commercial units on the ground floor along with 10 residential apartments above. With tenants responsible for their own utilities, this property offers a stable and efficient revenue stream.Located in a high-visibility downtown location, the property benefits from steady foot traffic, strong community presence, and proximity to shops, restaurants, and services. Whether you're an experienced investor or expanding your portfolio, this is a rare opportunity to own a solid mixed-use building in one of Owen Sounds most desirable commercial corridors. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Heating Type: Baseboard heaters
Cooling Type: Partially air conditioned

Property Features:

Property Type: Multi-family
Lot Depth: 95.2 Feet
Lot Frontage: 95.8 Feet
Zoning: C1

Courtesy of: Sotheby's International Realty Canada

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⚠ Potential Investment Performance

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Market Price Trends

Location of 261 9TH STREET E, Owen Sound, Ontario, N4K 1N8

Lifestyle
Neighbourhood

Demographic Information of 261 9TH STREET E, Owen Sound, Ontario, N4K 1N8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,018.09

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

4.88 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

0.1 %

University Degree

16.82 %

Commuter

Travel To Work

By Car

79.24 %

By Public Transit

0.03 %

By Walking

12.32 %

By Bicycle

0.03 %

By Other Methods

8.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.57 %

Houses

43.43 %

Own Vs. Rent