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$1,590,000
Est. payment /mo
8 Baths
8,995 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 8995
Square Footage 8,995 sqft
Price per Sqft $176
Subdivision 810 - Brockville
MLS® Listing ID X12908214
Property 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
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Listed by ROYAL LEPAGE TEAM REALTY
Nearby Locations
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