26 King Street E Brockville, Ontario K6V 1A9
$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:50133)
Property Details
| MLS® Number | 1360117 |
| Property Type | Retail |
| Neigbourhood | Downtown Brockville |
| Parking Space Total | 7 |
Building
| Constructed Date | 1820 |
| Utility Power | Single Phase |
Land
| Acreage | No |
| Size Depth | 106 Ft ,10 In |
| Size Frontage | 104 Ft ,10 In |
| Size Irregular | 104.83 Ft X 106.85 Ft (irregular Lot) |
| Size Total Text | 104.83 Ft X 106.85 Ft (irregular Lot) |
| Zoning Description | Mixed Use Commercial |
https://www.realtor.ca/real-estate/26039969/26-king-street-e-brockville-downtown-brockville
Contact Us
Contact us for more information
Chris Tremblay
Salesperson
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
(613) 725-1171
(613) 725-3323
www.teamrealty.ca
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October 31 2023 12:16:43
Ottawa Real Estate Board
Royal LePage Team Realty