193-197 Water St - Office FOR SALE


Prescott, ON K0E 1T0
$3,500,000 CAD
613-683-2222
193-197 Water St, Prescott, ON for Sale
$3,500,000 CAD
Office - FOR SALE
1/6
null | Request Cap Rate

193-197 Water St
Prescott, ON K0E 1T0


HIGHLIGHTS

  • Iconic historic building featuring a modernized interior with restored heritage stone façade.
  • Waterfront location offering direct access to the St. Lawrence River and scenic Riverwalk Park.
  • Flexible layout accommodating offices, service businesses, and a waterfront-facing pub.
  • Modern infrastructure including sprinkler systems, HVAC upgrades, and heavy-duty electrical capacity.
  • Ample on-site parking and excellent connectivity to major highways for regional accessibility.
  • Zoning allows a wide variety of commercial and mixed-use applications supporting redevelopment potential.

OVERVIEW

Own a landmark property, the Moran & Hooker Building, a beautifully restored 25,000+ SF mixed-use asset. Positioned along the scenic Prescott waterfront, this iconic stone property dates to the mid-1800s and blends timeless heritage character with modern functionality. The building has been restored/converted into a 15-unit commercial complex featuring a diverse tenant mix of professional offices and service businesses, along with a fully-built-out waterfront facing pub space. Offered partially leased, the property provides stable income with upside through leaseup, repositioning, or owner-occupier use. Tenants/visitors benefit from direct access to the St. Lawrence River and Riverwalk Park. Additional features include on-site parking lot, 1000 Amp/208v/3-phase power, separately metered units, sprinkler systems, and modern HVAC throughout. Located in a growth-oriented community, the property also presents future development potential for a variety of alternative uses, making this a compelling investment.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$140 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1832

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,995 SF

ZONING

C1 & R2

APN/PARCEL ID

70802002000501

ASK ABOUT THIS PROPERTY

Kevin HoulahanColliersMore Info
613-683-2222

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Kevin HoulahanColliersMore Info
613-683-2222

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