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    For Sale - 228 King Street, Prescott, Ontario

    Est payment $3,841/mo
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    Views   1
    Time on Jump  51 day

    AI Summary *

    • Prime downtown location with mixed-use investment opportunities in Prescott.
    • Currently leased retail space with high ceilings and exposed brick features.
    • Three residential units occupied by dependable tenants providing steady income.
    • Solar system reduces utility costs, making the investment more efficient.
    • Four on-site parking spaces – a rare find in urban areas.




    An exceptional mixed-use investment in the heart of downtown prescott! Ideally positioned on king street in the riverwalk district, this impeccably maintained property combines prime commercial exposure, quality residential income and future potential. With continued investment, new development and growing business activity, prescott is becoming an increasingly attractive community for investors. The building features a street-level commercial space currently leased to a retail hunting store, with soaring ceilings, beautiful exposed brick and two half bathrooms. Three additional residential units are occupied by quiet, reliable tenants. Extensively upgraded over the past decade, improvements include most kitchens, bathrooms and windows, modern plumbing and light fixtures, quartz counters, quality appliances, glass shower enclosures, vanities, toilets and professional painting. Spray-foamed basement areas are clean and dry. Additional features include a furnace, security camera system, monitored thermostats and coin laundry. The rear apartment offers exceptionally high ceilings and its own laundry. A rooftop solar system helps keep hydro costs to approximately $150/month for the entire building. A major advantage is parking: 4 on-site spaces provide parking for every unit-an incredibly rare and valuable feature for downtown prescott. There may also be potential to add a wood-frame third storey with 2 additional residential units and possible st. Lawrence river views, subject to approvals. Prescott's downtown/riverwalk community improvement plan may also provide qualifying redevelopment projects with financial incentives. A turnkey mixed-use asset offering income today and exciting potential for tomorrow.
    Listing IDX13685832
    Address228 King Street
    CityPrescott, Ontario
    Price$799,900
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Brokerage: RE/MAX DELTA REALTY TEAM

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    228 King Street
    Prescott , Ontario
    $799,900
    Get more info