108 King Ave W - Medical FOR SALE


Clarington, ON L1B 1H7
$1,350,000 CAD
289-629-1873
108 King Ave W, Clarington, ON for Sale
$1,350,000 CAD
Medical - FOR SALE
1/6
null | Request Cap Rate

108 King Ave W
Clarington, ON L1B 1H7


HIGHLIGHTS

  • Triple Net Lease
  • Long-term Tenant
  • Prime location in the heart of Newcastle
  • 50 year warranty on newer metal roof

OVERVIEW

Exceptional opportunity to acquire a fully leased, stand-alone commercial property located in the heart of downtown Newcastle on high-traffic King Avenue. This well-maintained building is home to a long-established veterinary clinic, providing stable, long-term income and minimal management for investors. Offering excellent visibility, strong signage presence, and consistent traffic flow, the property also features dedicated exterior parking for both clients and staff—an added convenience in this bustling commercial corridor. The tenant is a respected fixture in the community, further reinforcing the property’s value as a low-maintenance, income-generating asset. Perfect for investors seeking reliable returns and long-term growth in one of Durham Region’s fastest-growing areas.

FOR SALE DETAILS

PRICE

$1,350,000 CAD

PRICE/SF

$420 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,975 SF

ZONING

C1

APN/PARCEL ID

181703013014400

ASK ABOUT THIS PROPERTY

Michael GoulbourneColdwell Banker R.M.R. Real EstateMore Info
289-629-1873

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Michael GoulbourneColdwell Banker R.M.R. Real EstateMore Info
289-629-1873

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.