← Investment and multi-residential, for sale

Investment · For sale

1178 4th Avenue W, Owen Sound

$749,900

Listing brokerage: RE/MAX Grey Bruce Realty Inc. · MLS® X13649464

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage
RE/MAX Grey Bruce Realty Inc.
Type
Investment
Deal
For sale
Category
Commercial · Investment and multi-residential
Size
4,600 sq ft
Lot
122 x 175 ft
MLS® number
X13649464

Description

Set on a prominent 165 x 120 ft lot (approximately 0.45 acres) in one of Owen Sound's most desirable areas, this unique property offers over 4,600 sq. ft. of finished above-grade space along with exceptional flexibility for future use. The main building features impressive ceiling heights, hardwood flooring, detailed crown moulding, and large windows that provide abundant natural light throughout. Architectural character from a bygone era is evident in the craftsmanship and scale of the interior, complemented by a covered verandah, widow's walk, and attached carport. Zoned R5, the property allows for a wide range of permitted uses, including multi-residential development, professional office space, or conversion to a bed and breakfast, the opportunities are endless. The layout and scale also lend themselves well to a large single-family residence or adaptive re-use project. The site offers a large paved parking area with three separate street access points, providing ideal access for commercial or multi-unit use. In addition, a detached two-storey brick coach house presents further potential for redevelopment, storage, or additional finished space. The basement of the main property provides additional utility space suitable for storage or future development. The property is serviced with hot water radiant heating via a gas boiler system and ductless mini-split air conditioning units for year-round comfort. A rare offering combining size, layout, and historic character in a central and established location, presenting a strong opportunity for redevelopment or restoration.

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1178 4th Avenue W, Owen Sound · Commercial | LSG Realty · Praime