963 Second Ave East AVE E new

Owen Sound,ON N4K 2H5

$ 875000

- Bed

1 Bath

5785 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,785 sqft

Price per Sqft $151

Subdivision Owen Sound

MLS Listing ID X11990352

Annual Tax Amount $12,722

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Located in the vibrant city of Owen Sound, this 5,783 square foot freestanding retail property is currently home to a well-established Rexall Pharmacy. Owen Sound, the largest urban community in Grey County, serves as the regional hub for the picturesque Grey-Bruce Peninsula. The city has experienced steady growth, particularly driven by the Bruce Power Nuclear Generating Station's major component replacement project, a $13 billion investment running through 2033 that has attracted thousands of skilled workers and their families to the region. Situated on Second Avenue East, this property benefits from Owen Sound's position as a four-season tourist destination, with its beautiful harbor, waterfalls, and proximity to both Georgian Bay and Lake Huron. The city's growing population of over 22,000 residents enjoys a perfect blend of urban amenities and natural attractions, supporting a robust retail environment. The property features excellent visibility, ample parking, and is positioned in a prime retail corridor. This NNN investment opportunity is underpinned by the strength of a national pharmacy tenant and Owen Sound's expanding economic base, bolstered by healthcare, tourism, and the region's nuclear industry.

Location

Province ON

County Grey County

Community Owen Sound

Area Grey County

Interior

Cooling Yes

Exterior

Community Features Major Highway,Public Transit

Utilities Available Available

Lot Frontage 49.52

Lot Depth 159.5

Others

Security Features Yes

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