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25
26 KING Street E
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$1,299,900 Sale
Listed 86 days ago
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Key Facts
Key facts for 26 KING Street E
Property Type
Commercial
Parking
7 parking
MLS #
1360117
Size
-
Basement
-
Listed on
-
Lot size
105 x 107
Tax
$12,920 /yr
Days on Market
-
Year Built
1820
Maintenance Fee
-
Description
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 increa...se 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.
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Courtesy of: ROYAL LEPAGE TEAM REALTY

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