For Sale

1555 16th Street Unit# 1555, Owen Sound, Ontario N4K5N3

$349,000

1555 16th Street Unit# 1555, Owen Sound, Ontario N4K5N3 is For Sale and has a listing price of 349,000. The property is located in the Owen Sound neighbourhood. It's been on the website for 47 Days.

  • Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: X9384223
  • Office Name CENTURY 21 PEOPLE'S CHOICE REALTY INC.,CENTURY 21
Property Description

Great opportunity to take over this well-established Franchise. A perfect opportunity for an owner-operator to significantly increase their earnings capitalizing on the area’s growth and the business’s established reputation. The area is witnessing an exciting phase of growth with new residential developments, promising a burgeoning population and the potential for an expanding customer base. Great Business with good sales volume, Low rent, and Long Lease and so much opportunity to grow the business even more. Monthly Sales : Approx.: 45,000, Rent:-$3700 including TMI & HST. Lease Term: 4+ 5, Royalty and Advertising Fees: 7.5%. Drive thru is possible. **** EXTRAS **** Rent is $3700 Including (TMI AND HST).Regular Clientele .Can start Catering business to increase the sales. In Summer Patio is possible. (id:43137)

Property Details
  • MLS ID: X9384223
  • Bathrooms: 2
  • Price: $349,000
  • Transaction Types: For Sale
  • Ref ID: 27509448
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/05/2024 X9384223 $349,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Owen Sound
  • $605,910 Average List Price
    based on 1 year
  • 60 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 91.37 % Up
  • Sold (12mo) 31
  • Rented (12mo) 2

  • 1 Month Change -19.7%
  • 3 Month Change -13.4%
  • 6 Month Change -7.5%
Walkscore
  • 62 Walk Score
    Somewhat Walkable
  • 60 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    74.83%
  • Commercial
    14.04%
  • Condo
    10.7%
  • Land for Sale
    0.43%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/10/2024 00:00:00
  • Zoning R10
  • Agent Name: NIK PANDYA,NISH SHAH
  • Last Updated: 16/10/2024 19:13:15
Open House Dates
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