$949,000
FOR SALE

Commercial/Retail

Lot: 23.25 x 169.67 ft
2025 Taxes: $7,620

314 8th St E
Owen Sound, ON N4K 1L4 | Grey County

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 façade (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.
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Listed By Keller Williams Experience Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13165322
Last Updated May 22, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 370730082
Legal Description PT LT 11 E/S SCROPE ST, 12 E/S SCROPE ST PL OWEN SOUND PT 1, 16R8758; T/W R514901; OWEN SOUND
Possession Date Flexible
Taxes (2025) $7,620
Directions/Cross Streets 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.
Neighbourhood Owen Sound
Area Grey County
Price History

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Detailed Information
Freestanding Y
Bathrooms 5
Lot 23.25 x 169.67 ft
Air Conditioning Partial
Basement Basement
Chattels Y
Garage Type Reserved/Assignd
Parking Spaces 6
Heat Type Gas Hot Water
Financial Statement Y
Sewers Sanitary+Storm
Survey Y

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