Premier Condo/Rental Development Opportunity: Introducing an exceptional development opportunity at 297 18th Street East in Owen Sound: a 6-storey, mixed-use building featuring 39 residential units (permit expired) and a ground floor commercial space, ideal for a building management office. This prime property offers investors the chance to capitalize on the substantial site work already completed by the original developer, significantly reducing the time and cost required to bring the project to completion. Situated in the heart of Owen Sound, a growing and vibrant community, this development is perfectly positioned to meet the strong demand for high-quality rental apartments or potentially be converted to condominiums, subject to the necessary approvals. With its desirable location, extensive existing construction, and flexible development options, 297 18th Street East represents an attractive investment opportunity in a thriving market. Hold Offer Date in Offer Remarks. (id:47421)
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Listed By
Royal LePage Locations North (Collingwood Unit B) Brokerage, Royal LePage Locations North (Collingwood), Brokerage
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Detailed Information
Lot
132 x 227 ft
Amenities Nearby
Hospital, Public Transit, Schools
Communication Type
High Speed Internet
Community Features
High Traffic Area
Features
Visual exposure
Listing Contract Date
2024-06-25
Location Description
Hwy 26 to Owen Sound, continue straight onto 16th St East, turn left onto 6th Ave East, continue onto 15th St East, turn right onto 3rd Ave East/Grey Cty Rd 15/Cty Rd 15, turn left onto 18th St East, property is on the left.
Ownership Type
Freehold
Property Type
Office
Transaction Type
For sale
Zoning Description
MC
Building
Basement Type
Full
Exterior Finish
Concrete
Foundation Type
Poured Concrete
Stories Total
6
Size (Exterior)
75
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
0.624 acres
Access Type
Road access
Amenities
Hospital, Public Transit, Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.624
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