87-93 King Street West, Brockville | Image 1

87-93 King Street West

Brockville

  • Commercial

$2,400,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: Mixed Use

  • Age: No Data

  • Taxes: 28889.42

  • MLS®#: X8094148

  • Days on Site: 40 Days

  • Added: Feb 26, 2024 (1 month ago)

  • Updated:

  • Last Checked: 13 minutes ago

  • Listed By: SAVE MAX REAL ESTATE INC.

7% cap rate with potential for better! River view! Renovated 4-story, 14-unit apartment building of a total 10,000sqf. Two main-level commercial units of approx 1000 sq ft & 1800 sq ft. Run your own business for retail / doctor office/ restaurants / banks. In one of best locations in Core Downtown Brockville. Immediately opposite to CIBC bank, short walk to tall ships, tourist rail tunnel, city hall, banks, restaurants and river. Most windows 2017 to 2020, roof 2020. Natural gas boiler heating system. Half of units recently renovated with new flooring, kitchen & baths. 4 parking, security cameras, led lights in the renovated units. Laundry in building. VTB Available.

Extras

VTB available. 14 units multiple residential with turnkey operations, great income, large upside potential, 12 residential and 2 commercial units.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Brockville

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: Blk 29 Pt Lot 33 Pt Lot 34 Pt Lot 35

  • Taxes: $28,889

  • Taxes Type: Annual

Land

  • Cross Street: King St W & Apple St

  • Municipality District: Brockville

  • Parcel Number: 441630062

  • Lot Depth: 111.3 Feet

  • Lot Frontage: 49.85 Feet

  • Zoning: Mixed Use

Commercial Specific

  • Retail Area: 2800

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 0.13

  • Total Area Metric: Acres

  • Office Size: 7200

  • Office Size Metric: Sq Ft

  • Lot Code: Building

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