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Investment Highlights

  • Vacant commercial lot in vibrant downtown area.
  • Direct access to major surrounding markets.
  • Located across educational area and community center.
  • Only a few hours from US-Canada border.

Executive Summary

Exceptional Mixed-Use Development Opportunity — 1415 8th Street, Owen Sound, Ontario N4K 5N9
A rare chance to acquire one or both parcels of a shovel-ready development site in the vibrant downtown core of Owen Sound — one of Grey County's most rapidly growing urban centres, just a few hours from Toronto and the U.S.-Canada border.
The site comprises two separately available parcels, each zoned, site plan approved, and supported by soils and environmental studies:
Parcel 1 — Commercial Block (Block 188)
Listed at $1,910,000 | 1.91 ac | Zoned Retail Commercial
Ideal for a retail plaza or mixed-use commercial development. Frontage of 311 ft with a depth of 243 ft.
Parcel 2 — Residential Apartment Block (Block 179)
Listed at $1,950,000 | 1.95 ac | Zoned Residential Apartment Block — 80 Units
Purpose-built for multi-residential or student housing. Same dimensions and site readiness as Parcel 1.
Both parcels are located directly across from the Regional Hospital, Georgian College, Miller Grove Elementary School, and the Community Centre — generating consistent foot traffic and long-term demand from an established institutional neighbourhood. Convenient access to diverse retail amenities and the picturesque Georgian Bay lakefront further strengthen the investment case.
Parcels are to be severed from the larger development. Purchaser is responsible for development charges and servicing costs. Both parcels may be acquired independently or together as a comprehensive mixed-use development totalling approximately 3.86 acres.
All prospective buyers are encouraged to conduct thorough due diligence. Soils and environmental studies available upon request.

Property Facts

Price $1,381,705 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Apartment Units
  • Department Store
  • Regional Mall
  • Storefront
Total Lot Size 1.91 AC
Zoning Retail Commercial - Retail Commercial Zoning

1 Lot Available

Lot

Price $1,381,705 USD
Price Per AC $723,405.81 USD
Lot Size 1.91 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 39371661

  • Date on Market: 2/9/2026

  • Last Updated:

  • Address: 1415 8th St, Owen Sound, ON N4K 5N9

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