$2,500,000
Available - For Sale
Listing ID: X12543532
112 King Street West , Prescott, K0E 1T0, Leeds and Grenvi
| Visit the REALTOR website for further information about this listing.Turnkey Fully-Leased Multi-Use Investment - Boutique Commercial + 10Apartments. An exceptional income-producing property in Prescott'sdesirable RiverWalk District-steps to the St. Lawrence River. Twobuildings (112 & 124 King) are sold together, offering a turnkey blendof commercial and residential revenue. 118 King Street was allocatedby the town for the residential units. The main commercial space-hometo Glitz, a popular destination offering individual boutique services-spans approx. 1,185 sq. ft. and features seven private treatment rooms,leased monthly to established service providers including spa, massage,cosmetic and specialty wellness offerings. The space provides a sharedwaiting room, powder room, and laundry. Commercial tenants are fullyleased and to be assumed by the new owner. Above and behind thecommercial storefront are 10 stylish one-bedroom apts, each renovatedto combine modern finishes with rustic charm. Units showcase exposedbrick, hardwood floors, open layouts, and updated marble-tiledbathrooms. All apartments include a fridge, stove, and offer strongall-inclusive rents ranging from $1,375-$1,800/mth. Fully leased andwell-maintained, they deliver stable, long-term revenue. The propertyunderwent significant upgrades from 2021-23, including new mechanicals,5 gas furnaces, 5 central air units, 2 gas hot water tanks, upgradedplumbing/electrical (800 AMP service), and triple-pane windows.Features include 9 paved tenant parking spaces, separate residentialand commercial entrances, balconies on upper levels, coin-operatedlaundry, alarm system, and excellent visibility on a high-traffic mainstreet. A rare opportunity to acquire a fully leased, updated asset ina prime downtown location-an ideal portfolio addition offering strongcash flow, modern infrastructure, and the coveted charm of Prescott'shistoric waterfront community. Contact the listing salesperson foradditional details. |
| Price | $2,500,000 |
| Taxes: | $14172.70 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 112 King Street West , Prescott, K0E 1T0, Leeds and Grenvi |
| Postal Code: | K0E 1T0 |
| Province/State: | Leeds and Grenvi |
| Legal Description: | PT LT 7 N/S KING ST BLK 2 PL 19 PRESCOTT |
| Directions/Cross Streets: | Edward 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Use: | Health & Beauty Related |
| Building Percentage: | F |
| Total Area: | 5562.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 5295 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Approximatly Age: | 100+ |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| PG DIRECT REALTY LTD. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Leeds and Grenville |
| Municipality: | Prescott |
| Neighbourhood: | 808 - Prescott |
| Approximate Age: | 100+ |
| Tax: | $14,172.7 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples