138 King Street East, Gananoque | Image 1

138 King Street East

Gananoque

  • Commercial

$888,000
For Sale

Added 2 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 6800

  • MLS®#: X8070896

  • Days on Site: 62 Days

  • Added: Feb 15, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE WEST REALTY GROUP LTD.

Discover the perfect blend of business and residential living in this unique mixed-use building, now available for sale. This three-story mixed-use building comes with 6 spacious residential units and a restaurant equipped with commercial assets and chattels, generating substantial income. It presents an excellent prospect for various buyers, offering significant potential for growth. With an available hands-on property management team well-acquainted with the building, you can effortlessly own and operate this property, ensuring a hassle-free experience and immediate profitability. This property has an additional income stream for individuals seeking immigration opportunities. Currently at 9% cap with lots of room to grow!! DO NOT GO DIRECT

Extras

6 Fridges, 6 Stoves, 1 Washer & Dryer, Business chattels and equipment ( list to be provided upon request) Showing April 11th by appointment only

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Gananoque

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $6,800

  • Taxes Type: Annual

Land

  • Cross Street: King & Stone

  • Municipality District: Gananoque

  • Parcel Number: 442470268

  • Lot Depth: 125 Feet

  • Lot Frontage: 26 Feet

  • Zoning: Commercial

Commercial Specific

  • Retail Area: 2200

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6523

  • Total Area Metric: Sq Ft

  • Office Size: 88

  • Office Size Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

Map of 138 King Street East, Gananoque
JK-6

Sweet's Corners Public School

Elementary: Public
22.20 km
7-8

Gananoque Intermediate School

Elementary: Public
0.45 km
JK-8

Joyceville Public School

Elementary: Public
14.17 km
JK-6

Linklater Public School

Elementary: Public
0.33 km
JK-6

Thousand Islands Elementary School

Elementary: Public
13.76 km
JK-8

St Joseph's Separate School

Elementary: Catholic
0.46 km
9-12

Rideau District High School

Secondary: Public
31.96 km
9-12

Gananoque Secondary School

Secondary: Public
0.42 km
9-12

Frontenac Learning Centre

Secondary: Public
28.37 km
9-12

La Salle Secondary School

Secondary: Public
25.14 km
9-12

Kingston Collegiate and Vocational Institute

Secondary: Public
29.01 km
9-12

Regiopolis/Notre-Dame Catholic High School

Secondary: Catholic
28.14 km