$1,685,000
Available - For Sale
Listing ID: X12908216
52-58 King Street East , Brockville, K6V 1B1, Leeds and Grenvi
| Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominent corner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient access to Highway 401. This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leased mixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet of retail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1 bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and are separately metered for gas and hydro. Additional highlights include in-building laundry for tenant convenience and supplemental income, as well as a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering a turn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investors with current and future stable cash flow along with long-term upside. Don't wait -- this is a a great addition to any investment portfolio. Contact LA for rent-roll/financial information etc. |
| Price | $1,685,000 |
| Taxes: | $28135.74 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 52-58 King Street East , Brockville, K6V 1B1, Leeds and Grenvi |
| Postal Code: | K6V 1B1 |
| Province/State: | Leeds and Grenvi |
| Directions/Cross Streets: | King Street East at Bethune Street |
| 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 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 8995.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 4170 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 8 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TEAM REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Leeds and Grenville |
| Municipality: | Brockville |
| Neighbourhood: | 810 - Brockville |
| Tax: | $28,135.74 |
| Baths: | 8 |
| Fireplace: | N |
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