$1,849,000
Available - For Sale
Listing ID: E12125607
67 King Stre East , Clarington, L1C 1N4, Durham
| FOR SALE AS IS. Offered at $300 per square foot. 6,156 square feet retail mixed-use asset in the downtown area in Bowmanville. Many permitted uses for end users with no commercial parking requirements, medical/dental, bank, general retail and office space, and much more. MASSIVE potential 8.7% CAP RATE upside to any new investor. Durable commercial building with architectural block construction and substantial structural steel framing, metal decking, and concrete first and second floors on the North wing (50%) fronting onto King Street. Features an older brick East wing (1960s-1980s) with wood framing and plaster walls and ceiling for substantial fire resistance. On the south face , there are upgraded balconies. Extensive fire code upgrades in 2016 completed; units are separately metered. Potential for additional floors on the front North section, subject to approvals. |
| Price | $1,849,000 |
| Taxes: | $15292.29 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 67 King Stre East , Clarington, L1C 1N4, Durham |
| Postal Code: | L1C 1N4 |
| Province/State: | Durham |
| Legal Description: | PT LT 23 BLK U PL GRANT BOWMANVILLE PT 1 |
| Directions/Cross Streets: | Liberty St & King St E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 8353.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | No |
| Washrooms: | 0 |
| Soil Test: | No |
| Heat Type: | Other |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary Availa |
$
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Durham |
| Municipality: | Clarington |
| Neighbourhood: | Bowmanville |
| Tax: | $15,292.29 |
| Fireplace: | N |
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