1140 3rd Avenue E,Owen Sound, ON N4K2L4
Owen Sound, ON N4K2L4
Description
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. (id:374)
Details
| MLS # | X13730068 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 70 |
| Listing Provided By | Keller Williams Experience Realty | HAILEY MACARTHUR |
Features
| SQ Feet | 5,726 |
|---|---|
| Zoning | C1 |
Interior
| Fireplace Yes / No | No |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 2136.76 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Owen Sound |
| Postal Code | N4K2L4 |
| Listing VS Median (in N4K2L4) | |
Price: $89,000 low | high Med: $89,000 sqft: 5,726 low | high Med: 5,726 $ / sqft: $16 low | high Med: $16 On site: 70 low | high Med: 70 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Owen Sound |
| Postal Code | N4K2L4 |
| Listing VS Median (in N4K2L4) | |
Price: $89,000 low | high Med: $89,000 sqft: 5,726 low | high Med: 5,726 $ / sqft: $16 low | high Med: $16 On site: 70 low | high Med: 70 | |