Owen Sound, ON N4K1L4 314 8th Street E

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Presented By: Keller Williams Realty Centres
  • MLS# X12072613
  • 04/09/2025
  • Request Tour
  • Request Info
  • Baths • 6
  • SQFT • 5,274
  • Garage • 7

Home Details

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.
Presented By: Keller Williams Realty Centres

Interior Features for 314 8th Street E

Bedrooms

Bedrooms

Bathrooms

Total Baths6

Other Interior Features

SeatingCapacity0
Air Conditioning Y/NNo
Basement (Y/N)Yes
Elevator?No
Fireplace Y/NNo
Heating Y/NNo

General for 314 8th Street E

Attached Garage No
Building Area UnitsSquare Feet
Business NameCentral Variety
Business TypeConvenience/Variety
CityOwen Sound
Community FeaturesMajor Highway, Public Transit
CoolingYes
CountyGrey County
Electric Expense10610.9
Electric On Property Y/NNo
ExpensesActual
Garage Y/NNo
Heater TypeGas Hot Water
Insurance Expense9250.1
Lot Depth169.67
Lot Size UnitsFeet
ModificationTimestamp2025-04-29T20:04:30Z
New ConstructionNo
Occupancy TypeOwner+Tenant
Parking Spaces 7
Property Attached Y/NNo
Property SubtypeSale Of Business
Property TypeCommercial
Senior Community Y/NNo
Standard StatusActive
StatusNew
Tax Annual Amount7980.92
Tax Year2024

Exterior for 314 8th Street E

Building Area Total5274.31
Garage TypeIn/Out
Lot Size SourceMPAC
SpaNo
WaterfrontY/NNo

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $1,100,000
MLS#X12072613
List Date 04/09/2025
Property Type Commercial
Phone 289.816.2923
Request Tour
Request Info
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