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$1,590,000
Available - For Sale
Listing ID: X12908214
Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominentcorner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient accessto Highway 401. This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leasedmixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet ofretail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and areseparately metered for gas and hydro. Additional highlights include in-building laundry for tenant convenience and supplemental income, as wellas a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering aturn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investorswith current and future stable cash flow along with long-term upside. Don't wait -- this is a a great addition to any investment portfolio. ContactLA for rent-roll/financial information etc. Seller will consider a VTB.
Price $1,590,000
Taxes: $28,135.74
Tax Type: Annual
Occupancy by: Tenant
Address: 52-58 King Street East , Brockville, K6V 1B1, Leeds and Grenvi
Postal Code: K6V 1B1
Province/State: Leeds and Grenvi
Directions/Cross Streets: King Street East at Bethune Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
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Washroom 50 0
Category: Retail
Building Percentage: T
Total Area: 8,995
Total Area Code:  Square Feet
Office/Appartment Area: 4170
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

52-58 King Street East , Brockville, K6V 1B1, Leeds and Grenvi

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Leeds and Grenville
Municipality: Brockville
Neighbourhood: 810 - Brockville
Style:
Lot Size: x 154.00(Feet)
Approximate Age:
Tax: $28,135.74
Maintenance Fee: $0
Beds: 0
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908