ON > Prescott > 808 - Prescott
Prescott, ON K0E 1T0,257-259 King ST W
Prescott, ON K0E 1T0,257-259 King ST W
Prescott, ON K0E 1T0,257-259 King ST W
Prescott, ON K0E 1T0,257-259 King ST W
Prescott, ON K0E 1T0,257-259 King ST W
Prescott, ON K0E 1T0,257-259 King ST W
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Peter Torkan

Peter Torkan

+1(416) 847-5288
$ 589,900
Est. payment | /mo

5,104 SqFt

Save Virtual Tour
$ 589,900
Est. payment | /mo
Save Virtual Tour

5,104 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,104 sqft

Price per Sqft $115

Subdivision 808 - Prescott

MLS Listing ID X11989921

Annual Tax Amount $6,045

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

A rare opportunity to own two office OR retail spaces AND four residential rental units (circa 1950) has arrived in Prescott. 257-259 King Street has never been on the market until today. The two renovated side-by-side office or retail spaces offer 1,080 sq. ft and 1,352 square feet. #257 offering 1,080 sq. feet consists of: a large open concept office space with 3 work spaces, storage, and two private offices. #259 offering 1,352 sq feet , currently offers a large foyer/waiting area, main desk, 2 private offices and a large board room, along with additional storage areas. Whatever your vision is ... a shoe store, clothing outlet, or an office, it can all be easily accommodated. Built on slab, this building is efficiently heated by a brand new boiler system (2023). For the cooling, two heat pumps provide the air conditioning (one in each office space), and were installed in (2022). Above the two office spaces, there are 4 residential units, with a separate entrance (and back fire escape). These units consist of: (2) bachelor apartments, (1) one bedroom unit, and (1) two bedroom unit. One of the bachelor units and the two bedroom units capture views of the majestic St. Lawrence River. The apartments all have hardwood flooring that is still in very good shape. Behind this building, there is a parking area that can accommodate 4-6 spaces (depending on vehicle size and positioning). There is a separate access to the boiler & electrical room. With what it costs to build in today's market, you couldn't build this building at this listing price. Financials will be shared to serious and qualified buyers only - NDA must be signed. This building is located close to highways 401, 416 and #2. 5 minutes from the USA International border.

Location

Province ON

County Leeds And Grenville

Community 808 - Prescott

Area Leeds And Grenville

Zoning Retail or office with residential units, <10,000sf

Interior

Cooling Partial

Inclusions Refrigerator and stoves in ALL apartment units, all office furniture in #259 may be included if need be

Exterior

Utilities Available Yes

Lot Frontage 41.0

Lot Depth 132.0

Others

Security Features No

Virtual Tour https://tours.andrewkizell.com/public/vtour/display/2307310?idx=1#!/

Listed by ROYAL LEPAGE PROALLIANCE REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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257-259 King ST W