26 KING STREET E

Retail For Sale in Brockville, Ontario

$1,299,900
EXCELLENT INVESTMENT OPPORTUNITY. Located in the heart of Downtown Brockville, this prime corner site has a ton of potential for an investor to buy and hold and develop in future. With a lease in place for the entire ground floor for the next five years at $75k per year and great potential to increase income by renting 2nd floor and renovating 3 residential apartments. This solid building features 8650 square feet of ground floor open concept retail space (fully leased). In addition, the "upper level" features 7350 square feet of warehouse space with DOCK LEVEL loading that can accommodate 45' trailers). There are ramps leading up to the second floor that can support parking for approx. 25 vehicles. There is potential to renovate three residential apartments which would be easily rentable. This property comes with 7 outdoor parking spaces, including an EV charging station. Property has 400 amp electrical service. 4 central air units. The property is heated with natural gas heating. (id:4069)
Address 26 KING STREET E
List Price $1,299,900
Property Type Retail
Area Ontario
Sub-Area Brockville
Lot Size 104.83 ft X 106.85 ft (Irregular Lot) Sq. Ft.
Year Built 1820
MLS® Number 1360117
Listing Brokerage ROYAL LEPAGE TEAM REALTY
Postal Code K6V1A9
Zoning Mixed Use Commercial

Request More Info or a Showing

Liisa Vexler

ROYAL LEPAGE TEAM REALTY

1723 CARLING AVE, SUITE 1 Ottawa ON K2A1C8

Mobile: 613-898-1184

Email Directly