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908 2ND Avenue E, Owen Sound, Ontario, N4K 2H6

MLS® # 40535985
Commercial For Sale In Owen Sound, Ontario
$3,300,000
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
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908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
908 2Nd Avenue E, Owen Sound, ON
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ACTIVE
908 2ND Avenue E, Owen Sound, Ontario, N4K 2H6
$3,300,000

Property Information:

Introducing the Marwen Executive Building, a historic gem nestled in the heart of the River District in Owen Sound, one of the most iconic locations in this thriving city. As an investor, this property offers a unique opportunity to add a piece of history to your portfolio in a rapidly growing city and region. Considered the hub of Grey County, Owen Sound boasts a rich history as a key port city and has evolved into the gateway to the peninsula. With a daytime population of approximately 21,000 and a working population of about 40,000, Owen Sound has experienced remarkable growth over the past decade, attracting franchise stores and witnessing continuous new construction. The Marwen Executive Building, spanning three stories and over 19,000 square feet houses a mix of office and retail spaces, including RBC Wealth Services occupying the entire third floor, four commercial units on the main floor including the well-known Pizza Pizza and an additional six versatile office spaces on the second floor. Access the upper floors effortlessly via the elevator or staircase. Formerly the Bank of Nova Scotia National Bank and Owen Sound's hotel, this building is etched in the city's rich history. Owen Sound is currently experiencing a period of transformative change and optimism in its real estate market. With strong commercial and industrial ties to Bruce Power and key suppliers to the nuclear industry, this property is strategically positioned for success. Don't miss out on this chance to become a part of the evolving landscape of Owen Sound. (id:27)

Building Features:

  • Style: Office
  • Basement Type: Full
  • Fire Protection: Alarm system, Security system

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Amenities Nearby: Public Transit
  • Features: Elevator, Passenger elevator
  • Floor Space (approx): 19466.00
  • Lot Frontage: 72.0 Feet
  • Zoning: C1
  • Sewer: Municipal sewage system

Courtesy of: CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound)

REALTOR.ca  

Location of 908 2ND Avenue E, Owen Sound, Ontario, N4K 2H6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

15 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

42/100

High

ClimateCheck®

Current data

This property, 908 2ND Avenue E , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

15 storms expected in 2050

73/100

ClimateCheck®

Current data

This property, 908 2ND Avenue E , experiences 12 significant 2-day storms per year, with about 337.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 431mm of precipitation per year.

Precipitation Per Storm

Past
337.6mm
2050
431mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 908 2ND Avenue E, Owen Sound, Ontario, N4K 2H6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,018.09

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

4.88 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

0.1 %

University Degree

16.82 %

Commuter

Travel To Work

By Car

79.24 %

By Public Transit

0.03 %

By Walking

12.32 %

By Bicycle

0.03 %

By Other Methods

8.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.57 %

Houses

43.43 %

Own Vs. Rent