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    For Sale - 71-85 King Avenue, Clarington, Ontario

    Est payment $16,206/mo
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    Views   2
    Time on Jump  120 day

    AI Summary *

    • Prime location in Newcastle Village surrounded by major retail anchors.
    • Mixed-use building with 6000 SQFT commercial space and 11 apartments.
    • Flexible zoning offers various options for future development.
    • All commercial tenants on NET leases, ensuring steady income.
    • Recent upgrades enhance building condition and increase investment value.




    Solid investment opportunity @ prime location in the heart of newcastle village surrounded by national retail anchors like lcbo, no frills, cibc, shoppers drugmart. Mixed-use building with flexible zoning: includes 6000 sqft commercial & 11 apartments including both 1 bedroom and 2 bedroom options. All commercial tenants on net leases, and all residential tenants pay separate utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in renewal rates!
    Listing IDE12841596
    Address71-85 King Avenue
    CityClarington, Ontario
    Price$3,375,000
    Bath2 Full
    StyleCommercial Retail
    Land Size0.319
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  Royal LePage Frank Real Estate

    * 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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    71-85 King Avenue
    Clarington , Ontario
    2 $3,375,000
    Get more info