192 King Street West, Prescott | Image 1

192 King Street West

Prescott, 808 - Prescott

  • Commercial

$1,099,000
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: C1

  • Age: No Data

  • Taxes: 5800

  • MLS®#: X11952340

  • Days on Site: 3 Days

  • Added: Jan 31, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

This versatile 7-UNIT residential/commercial property is located in the well-established Masonic Block. It features 6 residential units (4 one-bedroom, 2 two-bedroom) and 1,800 sqft of commercial space with charming original tin ceilings, along with fresh updates including new flooring and paint (Spring 2021). The building underwent significant renovations within the last decade, including new floors, fresh paint, new windows, and updated appliances (fridges and stoves). Additionally, a new furnace was installed in the commercial unit in 2024, and a new boiler system was added to the residential space in 2024. The pressure tank was replaced in 2019, and the rear addition received new siding and roofing in 2018. All units are separately metered for utilities, and tenants have the option to lease parking in a nearby lot. Financial records available upon request

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 72039

  • Area: Prescott

  • Community: 808 - Prescott

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Other

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $5,800

  • Expenses: Act

  • Insurance Fee: 8400

  • Hydro Expense: 4500

  • Heat Expenses: 4200

  • Other Expenses: 6650

  • Taxes Type: Annual

  • Taxes: 5800

  • Water Fees: 2500

Land

  • Cross Street: 416 South to 401. Me

  • Municipality District: Prescott

  • Parcel Number: 681590189

  • Lot Depth: 119 Feet

  • Lot Frontage: 21.5 Feet

  • Lot Irregularities: yes, deeper on back l

  • Zoning: C1

Commercial Specific

  • Total Area: 2906

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Lot Code: Building

  • Vacancy Allowance: 2668

  • Gross Income/Sales: 106758

  • LLBO: N

Map of 192 King Street West, Prescott
JK-6

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Centennial 67 Public School

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St Mary's High School

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Thousand Islands Secondary School

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642 West Street, Prescott | MLS: X11948004
For Sale
3 weeks ago
$1,149,900
  • 4 bath
  • 0 bed

642 West Street, Prescott, Ontario • K0E 1X0 • 808 - Prescott