9
$89,000 Sale
Listed 42 days ago
1140 3rd Avenue E
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Listing History
Buy/Sell/Terminated/Expired listing history for 1140 3rd Avenue E
Key Facts
Key facts for 1140 3rd Avenue E
Property Type
Commercial
Parking
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MLS #
X13730068
Size
-
Basement
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Listed on
2026-09-01
Lot size
35 x 165.0
Tax
$2,136.76 /yr
Days on Market
42
Approximate Age
-
Maintenance Fee
-
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.
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Courtesy of: Keller Williams Experience Realty