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Renanza Realty
For sale

269 8TH STREET E

Owen Sound, Ontario

MLS® X13876742

$199,000

Status
Active
Property type
Retail
MLS® number
X13876742
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Rough Around the Edges, Full of Potential. This is a true opportunity for an investor, entrepreneur, or ambitious buyer looking for a commercial property with plenty of upside in Owen Sound. The building is currently in rough condition and will require significant work and a complete overhaul, but the price has been set with the renovations in mind.

The property features an attached lane and green space at the rear, offering additional flexibility and potential for future use. The main floor has had electrical updates and is currently home to a custom burial memorial stone business. The equipment associated with the current business is included with the building, providing an opportunity for a buyer interested in continuing the existing operation or exploring a new venture.

The upper level has potential to be converted into two apartments. This property could be transformed into an income-producing investment, a live/work setup, or a commercial space with the option to live above. This is not a turnkey property, it is a project for someone willing to put in the time, effort, and investment required to bring out its full potential.

Priced to reflect the work needed, this could be an excellent opportunity to create significant value through renovation and redevelopment.

Property summary

MLS® number
X13876742
Property type
Retail
Building type
Residential Commercial Mix
Size
2,609 sq ft
Land size
34 x 105 FT
Annual property taxes
$4,484.44
Days on market
2 days

Features & details

Heating
Forced air, Natural gas
Cooling
None

What would this home cost you?

Based on the $199,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$926 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, OWEN SOUND.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.