Owen Sound · N4K 2H5
$448,888
$47 / sq ft3 months on market
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$500,000
Owen Sound
Exceptional investment and redevelopment opportunity in the heart of Owen Sound's thriving downtown core. This solid brick 2-storey commercial building offers approximately 9,520 sq. ft. of space and is ideally positioned within the River District Commercial Area, a highly desirable mixed-use corridor that permits a wide range of commercial, institutional, recreational, and residential uses. The main floor spans approximately 4,710 sq. ft. and is currently configured as a successful bar/nightclub operation. The space features a large open-concept layout with men's and ladies washrooms located at the rear of the building, providing stable income while future plans are explored. The second floor offers approximately 4,810 sq. ft. of vacant space with soaring ceilings, exposed brick walls, and impressive exposed beam construction, creating an ideal canvas for redevelopment. Potential uses include residential apartments, professional offices, creative workspaces, boutique commercial units, or a mixed-use conversion, subject to municipal approvals. A dry basement provides ample storage and mechanical space. Situated in Owen Sound's historic downtown district, this property is surrounded by restaurants, shops, professional services, entertainment venues, and waterfront amenities. Whether you are an investor seeking income with future upside, a developer looking for a conversion project, or an entrepreneur searching for a landmark downtown property, this versatile building offers exceptional potential in a growing and revitalized urban centre.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 23% of comparable retail listings in Owen Sound are asking less.
Based on 13 comparable active retail listings in Owen Sound. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $448,888. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX CROSSTOWN REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Chestnut Park Real Estate
$425,000
Owen Sound
Listing courtesy of eXp Realty
$499,900
Owen Sound
Listing courtesy of Sutton-Sound Realty
