26 King Street E Brockville, Ontario K6V 1A9
$1,299,900
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 increase 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. (id:37354)
Property Details
| MLS® Number | 40481552 |
| Property Type | Office |
| Amenities Near By | Public Transit |
| Features | Paved Driveway |
| Parking Space Total | 7 |
| Sign Type | Signband |
Building
| Basement Type | Crawl Space |
| Constructed Date | 1820 |
| Exterior Finish | Brick, Stone |
| Fire Protection | Alarm System |
| Foundation Type | Stone |
| Stories Total | 3 |
| Size Exterior | 18600.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 110 Ft |
| Size Frontage | 109 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Mixed Use Downtown |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26040725/26-king-street-e-brockville
Interested?
Contact us for more information
Michael Tremblay
Salesperson
80 Queen St
Kingston, Ontario K7K 6W7
(613) 544-4141
www.discoverroyallepage.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 11 2023 07:24:51
Kingston & Area Real Estate Association
Royal LePage Proalliance Realty, Brokerage