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$ 799,900
Est. payment | /mo
3,200 SqFt
$ 799,900
Est. payment | /mo
3,200 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $249
Subdivision 808 - Prescott
MLS Listing ID X13685830
Annual Tax Amount $6,057
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
An exceptional mixed-use investment in the heart of downtown Prescott! Ideally positioned on King Street in the RiverWalk District, this impeccably maintained property combines prime commercial exposure, quality residential income and future potential. With continued investment, new development and growing business activity, Prescott is becoming an increasingly attractive community for investors. The building features a street-level commercial space currently leased to a retail hunting store, with soaring ceilings, beautiful exposed brick and two half bathrooms. Three additional residential units are occupied by quiet, reliable tenants. Extensively upgraded over the past decade, improvements include most kitchens, bathrooms and windows, modern plumbing and light fixtures, quartz counters, quality appliances, glass shower enclosures, vanities, toilets and professional painting. Spray-foamed basement areas are clean and dry. Additional features include a furnace, security camera system, monitored thermostats and coin laundry. The rear apartment offers exceptionally high ceilings and its own laundry. A rooftop solar system helps keep hydro costs to approximately $150/month for the entire building. A MAJOR advantage is PARKING: 4 on-site spaces provide parking for every unit-an incredibly rare and valuable feature for downtown Prescott. There may also be potential to add a wood-frame third storey with 2 additional residential units and possible St. Lawrence River views, subject to approvals. Prescott's Downtown/RiverWalk Community Improvement Plan may also provide qualifying redevelopment projects with financial incentives. A turnkey mixed-use asset offering income today and exciting potential for tomorrow.
Location
Province ON
County Leeds And Grenville
Area Leeds And Grenville
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 20.9
Lot Depth 136.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX DELTA REALTY TEAM
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