950-956 & 948 2ND AVENUE E, Owen Sound
$2,100,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13763528
- Neighbourhood
- Owen Sound
Prime Mixed-Use Investment Opportunity in Owen Sound's Historic River District! Welcome to an exceptional mixed-use investment opportunity in the heart of Owen Sound's Historic River District. This unique property offers a strong combination of commercial and residential income, featuring three road-front retail spaces and eight residential units.The main level includes three highly visible road-front retail spaces, providing excellent exposure and accessibility. One retail unit is currently occupied by a thriving fine dining establishment, while the second is home to a dry grocery and food store, providing established commercial uses and potential for stable rental income. The third retail space offers an excellent opportunity for an additional tenant or owner-user. Above the commercial spaces are eight residential units, creating a diversified income-producing property with both commercial and residential components. This combination provides investors with multiple revenue streams and the potential to benefit from the continued growth and revitalization of Owen Sound's downtown core. Located in the vibrant Historic River District, the property is within close proximity to shops, restaurants, waterfront attractions, parks, services, and other downtown amenities. Excellent visibility, road frontage, established commercial tenants, and multiple residential units make this an attractive opportunity for investors seeking a well-positioned mixed-use property with significant income potential. Three road-front retail spaces + eight residential units = a rare and versatile income-producing opportunity in downtown Owen Sound.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.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 Sound — secondaryFraser rating 6.5/10
- Keppel-Sarawak — elementaryFraser rating 6.2/10
- St. Mary's — secondaryFraser rating 5.8/10
- East Ridge — elementaryFraser rating 5.3/10
- Alexandra — elementaryFraser rating 4.2/10
- Notre Dame — elementaryFraser rating 4.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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