1140 3rd Avenue E, Owen Sound — For Sale in Owen Sound

0 bed · 0 bath · Land for sale in Owen Sound.

1140 3rd Avenue E, Owen Sound — photo 1 of 1
For Sale
$89,000
MLS® #: X13730068
$89,000

1140 3rd Avenue E, Owen Sound, ON N4K 2L4

Owen Sound, ON N4K 2L4
0
Bedrooms
0
Bathrooms
5726.39
Sq Ft
Commercial
Type

About This Property

Now for sale at 1140 3rd Avenue E in Owen Sound: a 0-bedroom, 0-bathroom land listed at $89,000.

TWO PLAYS. ONE DOWNTOWN LOT. $89,000. At 35' x 165', this C1-zoned parcel in the heart of Owen Sound is a small piece of land with some seriously interesting possibilities. PLAY ONE: explore a purpose-built three-storey residential project with up to 6 apartments. PLAY TWO: go mixed-use, commercial at street level with residential above and create the kind of downtown building that generates income from more than one source. Think clinic, wellness, salon, professional office, studio, or boutique retail below, with apartments upstairs. And the timing is interesting: further down 3rd Avenue, two brand new multi-storey residential developments are already reinforcing the infill story along this corridor. Municipal services are available, and a 2021 survey and conceptual site plan are already in hand. You're steps from downtown, the harbour, shops, restaurants and the Bayshore, with an entry price of just $89,000. Build 6 doors. Build mixed-use. Land-bank it and watch what happens around you. There aren't many opportunities to get into the downtown development game for under $100K, and this one already comes with a vision.

Property Specifications

Specifications for 1140 3rd Avenue E, Owen Sound, MLS® X13730068
MLS® NumberX13730068
StatusFor Sale
List Price$89,000
Property TypeCommercial
Sub TypeLand
Transaction TypeFor Sale
Bedrooms0
Bathrooms0
Living Area5726.39 sq ft
Address1140 3rd Avenue E, Owen Sound, ON N4K 2L4
CityOwen Sound
Postal CodeN4K 2L4

Listing Contracted With: Keller Williams Experience Realty

Listed By
Vaheesan Jeyaveerasingam
Vaheesan Jeyaveerasingam
RE/MAX Ace Realty Inc., Brokerage
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