52-58 King Street E, Brockville, Ontario K6V 1B1

Listed for:
$1,685,000
0 beds
8 baths
Listed 9 days ago
52-58 King Street E, Brockville, Ontario K6V 1B1

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About

Cross Streets: King Street East at Bethune Street. ** Directions: Located on King Street EAST, corner of King St E and Bethune Street, 2 blocks from the waterfront. Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominentcorner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient accessto Highway 401. This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leasedmixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet ofretail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and areseparately metered for gas and hydro. Additional highlights include in-building laundry for tenant convenience and supplemental income, as wellas a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering aturn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investorswith current and future stable cash flow along with long-term upside. Don't wait -- this is a a great addition to any investment portfolio. ContactLA for rent-roll/financial information etc. Seller will consider a VTB. (id:27476)

Property Highlights

MLS® Number
X12908214
Type
Business
Community Name
810 - Brockville
Land Size
80 x 154 FT

Building

Square Footage
8995 sqft
Bathrooms Total
8
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE TEAM REALTY
MLS® number:
X12908214
Agent:
Chris Tremblay
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