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224 King Street W Brockville, Ontario K6V 3R8

16303 sqft

$1,895,000

Incredible opportunity! This stunning historic commercial/residential building offers a total footprint of +/- 16,303 sqft. The front is divided into a commercial/retail space and two stunning 2 bedroom, 2 bathroom apartment units with premium rents. The back of the building has approved plans to create 8 two-storey townhomes within the beautiful stone structure. An additional possibility to be converted to a condominium corp. exists with the potential of 1 to 2 parking spots each. The two apartment units have been lovingly renovated to create stylish and luxurious living spaces with large living areas, beautifully finished kitchens and bathrooms, and a view over the bustling downtown core. The property offers 16 parking spaces in the back as well as an oversized detached garage that could be converted into 10 storage units. Conveniently located in downtown Brockville, close to the waterfront, premium retailers such as Shoppers Drug Mart, and is in a high traffic area. This is the dream investment opportunity you have been looking for to provide retail space and luxurious living opportunities, while gaining a healthy ROI through existing residential and commercial tenancies and encouraging the ongoing revitalization of the Brockville core. (id:48744)

Property Details

MLS® Number 40553065
Property Type Office
AmenitiesNearBy Public Transit
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area
EquipmentType Water Heater
Features Southern Exposure, Crushed Stone Driveway
ParkingSpaceTotal 16
RentalEquipmentType Water Heater

Building

BasementType Partial
ExteriorFinish Brick, Stone
FoundationType Block
StoriesTotal 3
SizeExterior 16303.0000
SizeInterior 16303 Sqft
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Road Access
Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeFrontage 50 Ft
SizeIrregular 0.45
SizeTotal 0.45 Ac|under 1/2 Acre
SizeTotalText 0.45 Ac|under 1/2 Acre
ZoningDescription Md

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/26612288/224-king-street-w-brockville

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Anna Voskamp
Salesperson


Royal LePage Proalliance Realty, Brokerage
80 Queen St
Kingston, Ontario K7K 6W7

Adam Koven
Broker


Royal LePage Proalliance Realty, Brokerage
80 Queen St, Unit B
Kingston, Ontario K7K 6W7

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