2250 28th Avenue E Owen Sound, Ontario N0H 1B0

$1,595,000

31.75-Acre Employment & Industrial Development Opportunity - Owen Sound. A rare 31.75-acre development opportunity within the City of Owen Sound, ideally positioned next to established industrial and retail areas. Currently operated as a residential property and horse farm, the lands are zoned M3 (Employment Area) Industrial, offering significant potential for future industrial or employment-oriented development.With its substantial land base, strategic location, and proximity to existing commercial and industrial uses, the property lends itself naturally to industrial development, expansion, or other employment-generating uses, subject to municipal approvals and development requirements.The property is being offered with its value primarily attributed to its highest and best use as an industrial development site. While the existing residence and farm-related buildings provide current utility, prospective purchasers should view these improvements as secondary to the underlying development potential of the land. The existing house and agricultural structures may have limited contributory value in the context of an industrial redevelopment scenario. For developers, investors, and businesses seeking a sizeable employment/industrial land holding within Owen Sound, this property represents an exceptional opportunity to acquire 31.75 acres in an established and strategically located employment area, with the potential to unlock substantial value through future redevelopment. (id:12481)

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https://www.realtor.ca/real-estate/30177347/2250-28th-avenue-e-owen-sound-owen-sound