1023 2nd Avenue E Owen Sound, Ontario N4K 2H8

Central Air

$597,000

Located in downtown Owen Sound, the former Owen Sound Bus Terminal is constructed in a style not common to the city. Its massing and strong horizontal lines provide a fitting visual terminus to a block of buildings on 2nd Avenue East. It is a good example of the Art Moderne architectural style. Typical of this style is the asymmetrical design and horizontal lines. Also typical of the style is the rounded corner, polychromatic brickwork and flat roof. Modern materials including glass blocks, stainless steel and terrazzo, are used throughout the building.  Currently the lower level of the building is being leased out to a restaurant which has a lease in place until October 2024.  All heating, cooling, electrical, plumbing and exhaust is the responsibility of the tenant.  There are 2 one bedroom apartments on the second level which are approximately 600 sqft with separate outside entrances. The apartments are in very good condition, have electric baseboard heating and include a washer and dryer hookup. Recent updates include a new membrane roof in 2019 and new furnace and air conditioner in 2019. This is a great addition to a real estate investment portfolio.

Property Details

MLS® Number 40125024
Property Type Commercial
Municipality Owen Sound
Neighbourhood Owen Sound
Community Features Ample Parking
Downtown
High Traffic Area
Highway Access
Hospital
Public Transit
Rec./community Centre
River/stream
Shopping Nearby
Features Floor Drains
Separate Hydro Meters
Sump Pump
Water Heater Owned
Window Display
Parking Space Total 4

Building

Amenities Floor Drains
Separate Hydro Meters
Sump Pump
Water Heater Owned
Window Display
Basement Development Partially Finished
Basement Type Full Basement
Construction Style Attachment Detached
Cooling Type Central Air
Exterior Finish Brick
Fire Protection Carbon Monoxide Detector(s),smoke Detector(s)
Heating Type Baseboard
Electric
Forced Air
Gas
Stories Total 2
Type Building And Land
Utility Power Three Phase
Utility Water Municipal-metered

Land

Sewer Sewer (municipal)
Size Depth 96.00 Ft
Size Frontage 33.00 Ft
Size Irregular 0.0540
Size Total Text < 0.5 Acres
Zoning Description C1 - Core Commercial

James Mcgregor
705-601-0857
226-974-2144


Engel & Volkers Toronto Central (Collingwood Unit A)

705-601-0857

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