$1,199,000
Available - For Sale
Listing ID: N12802028
272 Main Street , King, L0G 1T0, York
| Exceptional freestanding mixed-use opportunity in the heart of Schomberg, located in the highly desirable King area. Situated on Main Street and surrounded by charming shops, restaurants, and boutique storefronts, this property offers both strong investment fundamentals and end-user potential. The main level features approximately 1,000 sq ft of commercial space, plus an additional 1,000sq ft on the lower level, providing excellent versatility for retail, service, or professional use. The upper floors include three residential apartments totaling 2,362 sq ft, comprised of two one-bedroom units and one spacious two-bedroom unit. The basement also includes a dedicated laundry and utility room servicing the building. With approximately 4,800 sq ft of total space, this fully leased property currently generates over a 5% CAP rate, making it an attractive, income-producing asset in a thriving small-town setting. A rare opportunity to acquire a stable mixed-use building in one of King's most charming and walkable communities. Ideal for investors seeking solid returns or end users looking to operate a business while benefiting from residential rental income. |
| Price | $1,199,000 |
| Taxes: | $5823.54 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 272 Main Street , King, L0G 1T0, York |
| Postal Code: | L0G 1T0 |
| Province/State: | York |
| Legal Description: | PT LT 19 PL 87 KING AS IN R427440, T/W R |
| Directions/Cross Streets: | Main Street South Of HWY 9 |
| 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: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 3330.35 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2363 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| Royal LePage Security Real Estate |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | York |
| Municipality: | King |
| Neighbourhood: | Schomberg |
| Tax: | $5,823.54 |
| Fireplace: | N |
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