Primary photo of 221 8TH STREET E, Owen Sound
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Retail For Sale

$549,000

MLS® Number: X13000640

Floor Area

3,000

221 8TH STREET E, Owen Sound, Ontario

About This Property

INCREDIBLE INVESTMENT OPPORTUNITY within this Excellently Maintained and Updated Commercial Space with FOUR RESIDENTIAL APARTMENTS Above--- Current Monthly Rents for Occupied Residential Units--$663.80, $1400.00 and $1500.00-Inclusive Rents. Potential Rents for Commercial Space and outstanding Residential Unit believed to be approximately $1500.00 EACH for an ADDITIONAL $3000.00/Month. Commercial Space is currently Vacant due to Retirement-One Residential Apartment is Currently Vacant. Updated Windows (2022), Most Flooring (Commercial Grade within Retail Space), Paint, Plumbing Fixtures (Faucets and Toilets Throughout including an ACCESSIBLE WASHROOM within Retail/Office Space). Additional Finished Basement Area with Multiple Finished Rooms in Terrific Shape! Vacant possession offered within the completely renovated Main floor and Lower Level as well as One Residential Unit. An Abundance of Municipal Parking in Close Proximity. Ask your REALTOR for Break Down of Income and Expenses.

Property Details

Interior Details

Cooling

Partially air conditioned

Heating

Hot water radiator heat, Natural gas

Living Area

3000 sqft

Land & Location

City Region

Owen Sound

Frontage Length

32.11 feet

Lot Size Dimensions

32.96 x 105.39 FT

Postal Code

N4K1L2

Listing & Financials

Listing Office

Sutton-Sound Realty

Originating System Name

OnePoint Association of REALTORS®

Other Specifications

Country

Canada

Parking Total

1

Mortgage Calculator

20% ($109,800)
5.5%
25 Years

Estimated Monthly Payment

$2,697

Principal and interest only. Actual rates may vary.

Location & Map

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