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 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. (id:63008)
Business
| BusinessType | Service |
| BusinessSubType | Miscellaneous services |
Property Details
| MLS® Number | X12303135 |
| Property Type | Retail |
| Community Name | Georgian Bluffs |
| AmenitiesNearBy | Highway |
| ParkingSpaceTotal | 10 |
Building
| Age | 51 To 99 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 3500 Sqft |
| UtilityWater | Drilled Well |
Land
| Acreage | No |
| LandAmenities | Highway |
| Sewer | Septic System |
| SizeDepth | 190 Ft |
| SizeFrontage | 80 Ft |
| SizeIrregular | 80 X 190 Ft |
| SizeTotalText | 80 X 190 Ft |
| ZoningDescription | C4 |
https://www.realtor.ca/real-estate/28644392/202421-highway-21-n-georgian-bluffs-georgian-bluffs
Bill Turner
Salesperson
823 2nd Ave E
Owen Sound, Ontario N4K 2H2
Megan Hopper
Broker of Record
823 2nd Ave E
Owen Sound, Ontario N4K 2H2
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July 25 2025 12:21:02
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Ron Hopper Real Estate Ltd.