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$ 589,900
Est. payment | /mo
5,104 SqFt
$ 589,900
Est. payment | /mo
5,104 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,104 sqft
Price per Sqft $115
Subdivision 808 - Prescott
MLS Listing ID X11989921
Annual Tax Amount $6,045
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
A rare opportunity to own two office OR retail spaces AND four residential rental units (circa 1950) has arrived in Prescott. 257-259 King Street has never been on the market until today. The two renovated side-by-side office or retail spaces offer 1,080 sq. ft and 1,352 square feet. #257 offering 1,080 sq. feet consists of: a large open concept office space with 3 work spaces, storage, and two private offices. #259 offering 1,352 sq feet , currently offers a large foyer/waiting area, main desk, 2 private offices and a large board room, along with additional storage areas. Whatever your vision is ... a shoe store, clothing outlet, or an office, it can all be easily accommodated. Built on slab, this building is efficiently heated by a brand new boiler system (2023). For the cooling, two heat pumps provide the air conditioning (one in each office space), and were installed in (2022). Above the two office spaces, there are 4 residential units, with a separate entrance (and back fire escape). These units consist of: (2) bachelor apartments, (1) one bedroom unit, and (1) two bedroom unit. One of the bachelor units and the two bedroom units capture views of the majestic St. Lawrence River. The apartments all have hardwood flooring that is still in very good shape. Behind this building, there is a parking area that can accommodate 4-6 spaces (depending on vehicle size and positioning). There is a separate access to the boiler & electrical room. With what it costs to build in today's market, you couldn't build this building at this listing price. Financials will be shared to serious and qualified buyers only - NDA must be signed. This building is located close to highways 401, 416 and #2. 5 minutes from the USA International border.
Location
Province ON
County Leeds And Grenville
Community 808 - Prescott
Area Leeds And Grenville
Zoning Retail or office with residential units, <10,000sf
Interior
Cooling Partial
Inclusions Refrigerator and stoves in ALL apartment units, all office furniture in #259 may be included if need be
Exterior
Utilities Available Yes
Lot Frontage 41.0
Lot Depth 132.0
Others
Security Features No
Virtual Tour https://tours.andrewkizell.com/public/vtour/display/2307310?idx=1#!/
Listed by ROYAL LEPAGE PROALLIANCE REALTY