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1140 3Rd Ave E, Owen Sound, ON

Name: 1140 3Rd Ave E, For Sale in Owen Sound - eXp Realty
Brand: Keller Williams Experience Realty
SKU: X13730068
Price: 89000 CAD

House

For Sale

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MLS® X13730068

Property Details
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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:58753)Show Description

Key Facts

Levels Land

Size 5726 sqft

Taxes $2,137

Days Active 23

Avg. Price Per Sqft $15

MLS® Number X13730068

Central VacNo

FireplaceNo

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