$ 1,100,000
Ontario Owen Sound East Hill
46 Photos
314 8th Street E, Owen Sound, ON N4K1L4 Photo 2
314 8th Street E, Owen Sound, ON N4K1L4 Photo 3
314 8th Street E, Owen Sound, ON N4K1L4 Photo 4
314 8th Street E, Owen Sound, ON N4K1L4 Photo 5

314 8th Street E, Owen Sound

  • Bathrooms: 6
  • Living area: 5274 square feet
  • Type: Commercial
  • Added: 4 months ago
  • Updated: 1 week ago
  • Last Checked: 1 day ago
  • Listed by: Keller Williams Realty Centres
  • View All Photos

Listing description
This Commercial listing at 314 8th Street E Owen Sound, ON with the MLS Number x12072613 listed by HAILEY MACARTHUR - Keller Williams Realty Centres on the Owen Sound market 4 months ago at $1,100,000.

Your money works harder in Owen Sound. Unlock the doors to immediate cash flow by owning the business AND the building with this turnkey, fully tenanted, mixed-use property in the heart of the Scenic City's revitalized downtown. Meticulously improved from top to bottom, this three-storey building generates a whopping $668,000 in gross annual income (2024) offering immediate, diversified returns for savvy investors. The main floor is home to a high-performing convenience store with multiple income streams, including lottery sales, alcohol sales, ATM, Bitcoin terminal, and garage rental. Step into a turnkey retail operation with strong community presence, established customer base, and consistent foot traffic. Own the real estate beneath your feet and collect rent from four beautifully updated apartments, spanning 2,537 sq ft and all fully rented, raking in $71,492 in gross annual income (2024). Tenants enjoy stylish interiors and upgraded finishes throughout, perfect for attracting premium market rents. Extensive improvements have been made to the building, including: full exterior facelift with steel siding and modern curb appeal, private, gated parking lot with automated electric access, updated mechanicals and finishes throughout. With a high-income profile, low vacancy risk, and prime location within Owen Sound's growing downtown district (the City just dumped $2M into downtown infrastructure), this is a rare opportunity to secure a true plug-and-play asset in one of Grey County's most strategic urban hubs. Take over a successful business and income-generating building in one move. Whether you're expanding your portfolio or entering the market with an eye for quality, 314 8th St E offers a proven income track record and long-term upside. Private tours and financials available to qualified buyers. Vendor Take Back (VTB) considered. (id:1945)
Property Details Key information about 314 8th Street E
  • Cooling: Fully air conditioned
  • Heating:
    • Hot water radiator heat
    • Natural gas
Exterior & Lot Features Learn about the exterior and lot specifics of 314 8th Street E
  • Water Source: Municipal water
  • Lot Size Dimensions: 23.25 x 169.67 FT
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Nearby Listings Stat Estimated price and comparable properties near 314 8th Street E

Active listings
4
Min Price
$575,000
Max Price
$1,100,000
Avg Price
$968,750
Days on Market
125 days
Sold listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A days

Nearby Places Nearby schools and amenities around 314 8th Street E

West Hill Secondary School (1.4 km)
Owen Sound

The Harb (0 km)
332 8th St E, Owen Sound

Boot & Blade Dining Lounge (0.7 km)
1135 2nd Ave E, Owen Sound

Norma Jean's Bistro (0.1 km)
243 8th St E, Owen Sound

Nathaniel's Restaurant (0.1 km)
215 8th St E, Owen Sound

Jazzmyns Tapas & Taps (0.2 km)
261 9th St E, Owen Sound

Rocky Raccoon Cafe (0.3 km)
941 2nd Ave E, Owen Sound

Shorty's Classic Grill (0.4 km)
967 3rd Ave E, Owen Sound

Channing Restaurant (0.4 km)
1002 2nd Ave E, Owen Sound

Kings Buffett Group (1.2 km)
640 10th St W, Owen Sound

560 CFOs (0.2 km)
270 9th St E, Owen Sound

Owen Sound Transit Terminal (0.5 km)
1020 3rd Ave E, Owen Sound

Tim Hortons (0.3 km)
155 9th St E, Owen Sound

River Cafe (The) Owen Sound Best cafe and coffee in Town (0.4 km)
986 2nd Ave E, Owen Sound

Tim Hortons (1.1 km)
925 10th St E, Owen Sound

Billy Bishop Museum (0.7 km)
948 3 Ave W, Owen Sound

Owen Sound Marine-Rail Museum (0.8 km)
1155 1st Ave W, Owen Sound

Metro (Metro) (0.7 km)
1070 2nd Ave E, Owen Sound

Comfort Inn (1.2 km)
955 9 Ave E, Owen Sound

Days Inn & Conference Centre - Owen Sound (1.2 km)
950 Sixth Street East, Owen Sound

Price History

April 9, 2025
by Keller Williams Realty Centres
$1,100,000
314 8th Street E
More Details?
HAILEY MACARTHUR

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