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Your money works harder in Owen Sound. Unlock immediate cash flow with this turnkey, fully tenanted mixed-use investment property in the heart of the Scenic City's revitalized downtown core. Extensively renovated and built for performance, this three-storey income generating powerhouse pulls in over $110, 000 in gross annual income with remarkably low operating expenses, delivering an impressive 10% cap rate. The main floor is occupied by an established convenience store business with strong community presence and consistent foot traffic, providing stable commercial tenancy in a high-visibility downtown location. Above, 4 beautifully updated residential apartments spanning approximately 2, 537 sq ft are fully rented and generate strong, reliable income. Tenants enjoy stylish interiors and upgraded finishes throughout, helping attract premium market rents and minimize vacancy risk. Extensive improvements have been completed throughout the building, including a full exterior facelift with new metal siding and stone faade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), new on-demand hot water system (2023), new automatic WiFi-enabled gated parking access (2023), and new roof (2015). The residential units have also undergone significant renovations, with full renovations completed between 2019 and 2022. Private gated parking, modernized curb appeal, updated mechanicals, and a strategic location within Owen Sound's growing downtown district make this a rare plug-and-play opportunity in one of Grey County's most strategic urban hubs. Whether you're expanding your portfolio or entering the investment market with an eye for quality cash flow and long-term upside, 314 8th Street East delivers immediate income from day one. Financials available to qualified buyers. Vendor Take Back (VTB) financing may be considered. (id:58753)
From the main intersection of 2nd & 10th in downtown Owen Sound, head east on 10th. Turn right onto 3rd Ave E then left onto 8th St E. This turn-key multi-unit investment and income-generating powerhouse will be on your left.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Owen Sound, ON area.
79/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
58/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 29/100.
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0 bds • 0 ba • 4,902 sqft
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404 9TH STREET E
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Source: Realty.com
314 8TH STREET E, Owen Sound, ON N4K1L4 in Owen Sound, ON N4K1L4 is a other listed at $949,000. Highlights include 5 bathrooms, 5,274 sq. ft., $180 per sq. ft.. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 43 photos of 314 8TH STREET E.
The full address for this home is 314 8TH STREET E, Owen Sound, ON N4K1L4.
314 8TH STREET E has been listed on Realty.com since Sat May 23, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 29/100.
Listing provided courtesy of:
Keller Williams Experience Realty
Listing agent:
HAILEY MACARTHUR
This content last refreshed on 2026-06-06 02:18:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.