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221 8TH Street E, Owen Sound, Ontario, N4K 1L2

MLS® # 40561798
Commercial For Sale In Owen Sound, Ontario
$699,000
221 8Th Street E, Owen Sound, ON
  • Advertising
ACTIVE
221 8TH Street E, Owen Sound, Ontario, N4K 1L2
$699,000

Property Information:

INCREDIBLE INVESTMENT OPPORTUNITY within this Excellently Maintained and Updated Downtown Building offering Commercial Space with Apartments (4) Above. Updated Windows (2022), Most Flooring, Paint, Plumbing Fixtures (Faucets and Toilets) throughout. Main floor Commercial Space boasts Large front room with Street Exposure along with rear Office Space (2) as well a fully Accessible Bathroom. Additional Finished Basement Area in Terrific Shape! Vacant possession offered within the completely renovated Main floor (rent potential is not accounted for within Income and Expenses as no rent is currently paid by the Seller) for Commercial for Additional Potential Income as well the FULLY FINISHED Lower Level. Ask your REALTOR® for Break Down of Income and Expenses available. (id:27)

Building Features:

  • Style: Office
  • Basement Type: Full
  • Exterior Finish: Brick, Other
  • Foundation Type: Stone

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Road access
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Communication Type: High Speed Internet
  • Features: Visual exposure
  • Lot Depth: 105.0 Feet
  • Lot Frontage: 33.0 Feet
  • Utility Type: Natural Gas - Available, Hydro - Available, Telephone - Available
  • Zoning: C1-1
  • Sewer: Municipal sewage system

Courtesy of: SUTTON-SOUND REALTY INC. Brokerage (Owen Sound)

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 221 8TH Street E, Owen Sound, Ontario, N4K 1L2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 221 8TH Street E , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

73/100

Moderate-High

ClimateCheck®

Current data

This property, 221 8TH Street E , experiences 12 significant 2-day storms per year, with about 337.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 431mm of precipitation per year.

Precipitation Per Storm

Past
337.6mm
2050
431mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 221 8TH Street E, Owen Sound, Ontario, N4K 1L2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

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

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