937 2ND AVENUE E, Owen Sound

$448,888

For sale: Other

Other at 937 2ND AVENUE E, Owen Sound
Property type
Commercial Retail
MLS®
MLS® X13437206
Neighbourhood
Owen Sound

Exceptional investment and redevelopment opportunity in the heart of Owen Sound's thriving downtown core. This solid brick 2-storey commercial building offers approximately 9,520 sq. ft. of space and is ideally positioned within the River District Commercial Area, a highly desirable mixed-use corridor that permits a wide range of commercial, institutional, recreational, and residential uses. The main floor spans approximately 4,710 sq. ft. and is currently configured as a successful bar/nightclub operation. The space features a large open-concept layout with men's and ladies washrooms located at the rear of the building, providing stable income while future plans are explored. The second floor offers approximately 4,810 sq. ft. of vacant space with soaring ceilings, exposed brick walls, and impressive exposed beam construction, creating an ideal canvas for redevelopment. Potential uses include residential apartments, professional offices, creative workspaces, boutique commercial units, or a mixed-use conversion, subject to municipal approvals. A dry basement provides ample storage and mechanical space. Situated in Owen Sound's historic downtown district, this property is surrounded by restaurants, shops, professional services, entertainment venues, and waterfront amenities. Whether you are an investor seeking income with future upside, a developer looking for a conversion project, or an entrepreneur searching for a landmark downtown property, this versatile building offers exceptional potential in a growing and revitalized urban centre.

Sold data

Homes in Owen Sound — recent sold market

Homes in Owen Sound took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 57, across 75 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.

The median sale price was $449,000.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$449,000
Sale-to-list ratio
96.5%
Sold above asking
4%

Based on 75 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Owen Sound

Owen Sound has 8 Fraser Institute–rated schools (6 elementary and 2 secondary), averaging 4.8/10.

Rated schools
8
Elementary
6
Secondary
2
Average rating
4.8 / 10

Top-rated schools in Owen Sound

  • Owen SoundsecondaryFraser rating 6.5/10
  • Keppel-SarawakelementaryFraser rating 6.2/10
  • St. Mary'ssecondaryFraser rating 5.8/10
  • East RidgeelementaryFraser rating 5.3/10
  • AlexandraelementaryFraser rating 4.2/10
  • Notre DameelementaryFraser rating 4.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 937 2ND AVENUE E