52-58 King St E - Office FOR SALE


Brockville, ON K6V 1B1
$1,590,000 CAD
613-725-1171
52-58 King St E, Brockville, ON for Sale
$1,590,000 CAD
Office - FOR SALE
1/4
null | Request Cap Rate

52-58 King St E
Brockville, ON K6V 1B1


HIGHLIGHTS

  • Contact LA for rent-roll/financial information etc. Seller will consider a VTB.

OVERVIEW

Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominentcorner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient accessto Highway 401. This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leased mixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet of retail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and are separately metered for gas and hydro. Additional highlights include in-building laundry for tenant convenience and supplemental income, as well as a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering a turn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investors with current and future stable cash flow along with long-term upside. Don't wait -- this is a a great addition to any investment portfolio. Contact LA for rent-roll/financial information etc. Seller will consider a VTB.

FOR SALE DETAILS

PRICE

$1,590,000 CAD

PRICE/SF

$259 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

80202004000500

ASK ABOUT THIS PROPERTY

Chris TremblayRoyal LePage Team RealtyMore Info
613-725-1171

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Chris TremblayRoyal LePage Team RealtyMore Info
613-725-1171

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