52-58 KING STREET E
Brockville, Ontario
MLS® X12908214
$1,590,000
- Status
- Active
- Property type
- Business
- MLS® number
- X12908214
- Bedrooms
- —
- Bathrooms
- 8
- Year built
- —
1 / 32Listing description
Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominentcorner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient accessto Highway 401.
This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leasedmixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet ofretail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and areseparately metered for gas and hydro.
Additional highlights include in-building laundry for tenant convenience and supplemental income, as wellas a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering aturn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investorswith current and future stable cash flow along with long-term upside.
Don't wait -- this is a a great addition to any investment portfolio. ContactLA for rent-roll/financial information etc. Seller will consider a VTB.
Property summary
- MLS® number
- X12908214
- Property type
- Business
- Square footage
- 8,995 sq ft
- Land size
- 80 x 154 FT
- Annual property taxes
- $28,135.74
- Days on market
- 156 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Appliances
- Water Heater
What would this home cost you?
Based on the $1,590,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TEAM REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.