272 Main Street, King, Ontario L0G 1T0

Listed for:
$1,199,000
4 beds
4 baths
Listed 1 day ago
Residential Commercial Mix for rent: 272 Main Street, King, Ontario L0G 1T0

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About

Main Street / Hwy 9 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 sqft, 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 4,800sq 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. (id:27476)

Property Highlights

MLS® Number
N12938410
Type
Single Family
Community Name
Schomberg
Land Size
26.5 x 86.06 FT

Building

Building Type
Residential Commercial Mix
Storeys
2.00
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
4
Exterior Finish
Aluminum siding, Brick
Fireplace Present
No
Basement Type
N/A (Partially finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Royal LePage Security Real Estate
MLS® number:
N12938410
Agent:
Carlo Battaglini
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Street Spotlight - For sale