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868 3RD Avenue E, Owen Sound, Ontario, N4K 2K5

MLS® # 40624911
Commercial For Sale In Owen Sound, Ontario
$775,000
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
868 3Rd Avenue E, Owen Sound, ON
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ACTIVE
868 3RD Avenue E, Owen Sound, Ontario, N4K 2K5
$775,000

Property Information:

Seize this exceptional opportunity to own a well-performing commercial building in the bustling heart of downtown Owen Sound. With six office spaces (four of which are already tenanted) this property offers immediate cash flow with room for growth. Its strategic location provides unparalleled access for businesses/customers, making it an attractive choice for tenants and ensuring consistent rental income. Whether you're a seasoned investor or an entrepreneur looking to expand, this property shows incredible promise. Further enhancing the value, the owner is willing to offer a Vendor Take Back mortgage to approved parties. Private tours and financials now available. (id:27)

Building Features:

  • Style: Office
  • Basement Type: None
  • Construction Material: Concrete block, Concrete Walls
  • Exterior Finish: Concrete

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Built in: 1970
  • Community Features: High Traffic Area
  • Features: Visual exposure, Paved driveway
  • Lot Depth: 112.0 Feet
  • Lot Frontage: 30.0 Feet
  • Sign Type: Signband
  • Utility Type: Natural Gas - Available, Telephone - Available
  • Zoning: C1-1
  • Sewer: Municipal sewage system

Courtesy of: BRAND REALTY GROUP INC., Brokerage

REALTOR.ca  

Location of 868 3RD Avenue E, Owen Sound, Ontario, N4K 2K5

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, 868 3RD Avenue 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, 868 3RD Avenue 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.

Demographic Information of 868 3RD Avenue E, Owen Sound, Ontario, N4K 2K5

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