73-75 King St W - Storefront Retail/Residential FOR SALE


Brockville, ON K6V 3R1
$1,150,000 CAD
613-236-5959
73-75 King St W, Brockville, ON for Sale
$1,150,000 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | 6.5% Cap Rate

73-75 King St W
Brockville, ON K6V 3R1


HIGHLIGHTS

  • Five two-bedroom apartments, 3 Retail Units
  • Central location
  • Ample Amenities Nearby

OVERVIEW

CIRCA 1875 STONE 8-UNIT IN THE HEART OF ALL THE ACTIVITIES IN HISTORIC DOWNTOWN BROCKVILLE,ONE BLOCK FROM CITY CENTRE ON MAJOR THOROUGHFARE,HIGH VISIBILITY & HEAVY TRAFFIC AREA,CONSISTING OF FIVE LARGE 2 BEDROOM APTS ON THE 2nd & 3rd FLOORS & 3 LEASED STREET LEVEL RETAIL UNITS,CLOSE TO MANY RETAIL STORES & RESTAURANTS,2 BLOCKS FROM THE ST. LAWRENCE RIVER,FREE DOWNTOWN PARKING, BREAKER PANELS,FORCED AIR GAS HEATING,TENANTS PAY HYDRO & WATER, 40 FT X 111.5 FT LOT, SINCE JAN. 2020 MAJOR REPAIRS & RENOVATIONS TO THE HEATING SYSTEM(BOILERS, PIPES, RADIATORS),ROOF,BUILDING EXTERIOR & COMMON AREAS,ELECTRICAL.COMPLETE RENOVATIONS TO 3 APTS INCLUDING APPLIANCES,FLOORS, KITCHEN CABINETS,BATHS,WATER HEATERS,LIGHTING,PAINTING,RECONFIGURATION OF FLOOR PLAN IN ONE APT,RENOVATION OF ONE COMMERCIAL UNIT,INCLUDING NEW FLOOR,CEILING,PAINT,GREAT UPSIDE POTENTIAL IN THE RENTAL INCOME WITH 2 APTS AT $822 & $810,SHOULD BE $1500,ALL COMMERCIAL TENANTS PAID THRU LOCKDOWN,BUY BEFORE VALUES SKYROCKET, CASH COW (26053132)

FOR SALE DETAILS

PRICE

$1,150,000 CAD

PRICE/SF

$115 CAD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

80202003509000

ASK ABOUT THIS PROPERTY

Brad ClossRe/Max Hallmark Realty GroupMore Info
613-236-5959

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Brad ClossRe/Max Hallmark Realty GroupMore Info
613-236-5959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.