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    For Sale - 84 King Street, Gananoque, Ontario

    Est payment $4,609/mo
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    Time on Jump  1 day

    AI Summary *

    • Renovated downtown property offers over 6,000 square feet above grade.
    • Main-level retail space spans over 2,800 square feet.
    • Three upper-floor apartments generate rental income.
    • Projected rental income indicates a cap rate just over 8%.
    • Updated interiors and code-compliant renovations in a historic building.




    Known locally as the deir building, this beautifully renovated property of over 6000 sq ft above grade in the heart of gananoque presents a rare opportunity for investors. A main level retail operation of over 2800 sq ft and three apartments on the upper two stories are generating excellent revenue. Based on the projected rent of the top unit currently occupied by the owner's family, the cap rate comes in at just over 8% with the current owners doing their own property management. Upscale finishings, great tenants in an amazing location in the middle of downtown gananoque together with a beautiful, newly renovated interior, all up to date with code requirements in an historic downtown building. A jewel in any investors portfolio!
    Listing IDX14177702
    Address84 King Street
    CityGananoque, Ontario
    Price$959,900
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Baseboard

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    Listing Brokerage: RE/MAX FINEST REALTY INC., BROKERAGE

    * 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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    84 King Street
    Gananoque , Ontario
    $959,900
    Get more info