202421 Highway 21 N Georgian Bluffs, Ontario N4K 5N7
$799,000
Fantastic investment opportunity on the highly visible and bustling Sunset Strip (Highway 21), just outside Owen Sound. This well-maintained commercial building offers exceptional exposure, ample on-site parking, and over 3,500 square feet of space. The main floor features a large reception area, 10 individual usable rooms plus a laundry room, storage room and a 2-piece bathroom. This C4 zoned commercial space offers flexibility for a variety of commercial or professional uses. The upstairs presents a great opportunity for additional income with the potential for a 3-bedroom, 1.5-bath apartment. The property currently has an excellent long-term commercial tenant. The tenant has the option to rent for the next 16 years. It has an excellent triple net lease, so the taxes, bills, general repairs, and insurance are covered by the tenant. The 6.5 cap rate makes it an ideal property for all investors. If you are looking to expand your commercial portfolio this property checks all the boxes. (id:41954)
Business
| Business Type | Service |
| Business Sub Type | Miscellaneous services |
Property Details
| MLS® Number | X12303135 |
| Property Type | Retail |
| Community Name | Georgian Bluffs |
| Amenities Near By | Highway |
| Parking Space Total | 10 |
Building
| Age | 51 To 99 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 3500 Sqft |
| Utility Water | Drilled Well |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Depth | 190 Ft |
| Size Frontage | 80 Ft |
| Size Irregular | 80 X 190 Ft |
| Size Total Text | 80 X 190 Ft |
| Zoning Description | C4 |
https://www.realtor.ca/real-estate/28644392/202421-highway-21-n-georgian-bluffs-georgian-bluffs
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 24 2025 03:03:07
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Ron Hopper Real Estate Ltd.