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$ 1,590,000
Est. payment /mo
Active
52-58 King ST E Brockville, ON K6V 1B1
8 Baths
8,995 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,995 sqft
Price per Sqft $176
Subdivision 810 - Brockville
MLS Listing ID X12908216
Annual Tax Amount $28,135
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 154.0
Lot Front 80.0
Property Description
Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominent corner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient access to Highway 401. This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leased mixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet of retail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1 bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and are separately metered for gas and hydro. Additional highlights include in-building laundry for tenant convenience and supplemental income, as well as a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering a turn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investors with current and future stable cash flow along with long-term upside. Don't wait -- this is a a great addition to any investment portfolio. Contact LA for rent-roll/financial information etc. Seller will consider a VTB.
Location
Province ON
County Leeds And Grenville
Area Leeds And Grenville
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 80.0
Lot Depth 154.0
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY
NEARBY SCHOOLS & PROPERTIES

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