67 King St E - Multi-Family FOR SALE


Bowmanville, ON L1C 1N4
$1,499,900 CAD
289-513-0929
67 King St E, Bowmanville, ON for Sale
$1,499,900 CAD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

67 King St E
Bowmanville, ON L1C 1N4


HIGHLIGHTS

  • Steel Frame Construction could build up
  • Main Floor Street Commercial Units
  • Downtown Building with Parking

OVERVIEW

Incredible Opportunity to Acquire a Mixed Use Building on the main street of Beautiful Downtown Bowmanville. Two Street Front Commercial Units (a small third commercial back unit as well) with C1-34 Zoning allowing for many uses, and Five Residential Units will provide ample income to make this a long term investment or is perfect for an owner occupied commercial space (one vacant unit). There is also two vacant residential units that could also be owner occupied. The building is constructed with structural steel in the north portion and wood frame in the south, and Architectural Block makes this a solid building for years to come. The steel structure could allow for additional floors (check with municipality). Extensive updates to fire system in 2016, there as also been balcony upgrades. There is one 2BR unit, one 1BR plus Den, and 3 1BR units. Lots of parking in rear of building for tenants, hard to find in downtown Bowmanville. All units are separately metered. Do not miss this opportunity to acquire this fantastic building. Estate Sale, building being sold "AS IS".

FOR SALE DETAILS

PRICE

$1,499,900 CAD

PRICE/SF

$247 CAD /SF

# OF UNITS

8

PRICE/UNIT

$187,488

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C1-34

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gerry KeenanRe/Max Jazz Inc. BrokerageMore Info
289-513-0929

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

Gerry KeenanRe/Max Jazz Inc. BrokerageMore Info
289-513-0929

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