$649,000
PRICE
1
BEDROOMS
3
BATHROOMS
X13126090
MLSID
708 16Th Street, Owen Sound
Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.
Summary
Address
708 16Th Street
City
Community
Street
MLSID
X13126090
Property Type
Detached
Property Category
Bedrooms
1
Bathrooms
3
Kitchens
2
Zoning
C3
Taxes (Annual)
$11,695.32
Tax Year
2025
Published
May 14, 2026
Days on Market
11 Days
Possession Type
Flexible
Possession Details
Flexible
Inclusions
1 refrigerator, 1 stove - residential unit. 1 stacking washer/clothes dryer on 2nd level.
Exclusions
Tenant belongings.
Details
Bathroom 1
4-Piece Main Level
Bathroom 2
2-Piece Main Level
Bathroom 3
2-Piece Second Level
Basement
Full, Unfinished
Interior Features
Accessory Apartment, Carpet Free, Separate Heating Controls, Separate Hydro Meter
Parking Spaces
13
Parking Total
13
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
91 Feet
Lot Depth
105 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with eXp Realty