314 8TH STREET E, OWEN SOUND

2026-05-23
 

Quick Summary

Location
314 8TH STREET E, OWEN SOUND, Ontario N4K1L4
Price
$949,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
5274 sqft
Bathrooms:
5
Garages:
6
Brochure Link:
Photo Link:

MLS®#X13165322

Property Description

Your money works harder in Owen Sound. Unlock immediate cash flow with this turnkey, fully tenanted mixed-use investment property in the heart of the Scenic City's revitalized downtown core. Extensively renovated and built for performance, this three-storey income generating powerhouse pulls in over $110,000 in gross annual income with remarkably low operating expenses, delivering an impressive 10% cap rate. The main floor is occupied by an established convenience store business with strong community presence and consistent foot traffic, providing stable commercial tenancy in a high-visibility downtown location. Above, 4 beautifully updated residential apartments spanning approximately 2,537 sq ft are fully rented and generate strong, reliable income. Tenants enjoy stylish interiors and upgraded finishes throughout, helping attract premium market rents and minimize vacancy risk. Extensive improvements have been completed throughout the building, including a full exterior facelift with new metal siding and stone façade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), new on-demand hot water system (2023), new automatic WiFi-enabled gated parking access (2023), and new roof (2015). The residential units have also undergone significant renovations, with full renovations completed between 2019 and 2022. Private gated parking, modernized curb appeal, updated mechanicals, and a strategic location within Owen Sound's growing downtown district make this a rare plug-and-play opportunity in one of Grey County's most strategic urban hubs. Whether you're expanding your portfolio or entering the investment market with an eye for quality cash flow and long-term upside, 314 8th Street East delivers immediate income from day one. Financials available to qualified buyers. Vendor Take Back (VTB) financing may be considered. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit

Building

  • Cooling Type: Partially air conditioned
  • Fireplace: No
  • Interior Size: 5274 sqft
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size

Land

  • Land Size: 0.121 ac

Zoning

  • Description: C1

Information entered by Keller Williams Experience Realty
Listing information last updated on: 2026-05-23 02:32:23


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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Jon Batten REALTOR®

Phone:
7052039164
Email:
jon@onepercentrealty.com
Support Area:
Grey-Bruce, Simcoe, Caledon, Muskoka, Northern Ontario, Dufferin, Owen Sound

With over five years of dedicated experience in real estate investment, I am thrilled to embark on m ...

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