202421 Highway 21 N
Georgian Bluffs
Grey County
N4K 5N7
$799,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12303135
- Bus Major:
- Service Related
- Photos (44)
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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 has a 3-bedroom, 1.5-bath apartment which is included in the current lease. 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.
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 3500 sq. ft. Square Feet
- Total Area:
- 3,500 sq. ft.325 m2
- Retail Area:
- 2442 sq. ft. Sq Ft
- Depth:
- 190'57.9 m
- Frontage:
- 80'24.4 m
- Lot Shape:
- Rectangular
- Water supply:
- Well
- Zoning:
- C4
- Heating type:
- Gas Forced Air Open
- Survey Available:
- No
- Garage:
- None
- Parking Spaces:
- 10
- HST Applicable To Sale Price:
- Included In
- Assessment:
- $250,000
- Assessment Year:
- 2025
- Development Charges Paid:
- No
- Type Taxes:
- Annual
- Taxes:
- $5,380.06 / 2024
- Assessment:
- $250,000.00 / 2025
- Georgian Bluffs
- Georgian Bluffs
- Grey County
- Major Highway
- No
- Water Supply Types:
- Drilled Well
- Utilities:
- None
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Septic
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Gross income:
- $60,000
- Expenses Actual/Estimated:
- Estimated
- Insurance Expenses:
- $3,306
- Year Expenses:
- 2025
- Major Business Type:
- Service Related
- Category:
- Highway Commercial
- Outside Storage:
- Yes
- Date Listed:
- Jul 23, 2025
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Listed by Ron Hopper Real Estate Ltd.
Data was last updated September 22, 2025 at 02:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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