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

Brockville K6V 1B1 Ontario

MLS: X12908216

$1,685,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE TEAM REALTY

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:8
  • Land Size: 80 X 154
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:King Street East at Bethune Street
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $28135.74
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12908216

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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