88-94 King St W - Storefront Retail/Residential FOR SALE


Brockville, ON K6V 3P9
$1,625,000 CAD
343-307-9807
88-94 King St W, Brockville, ON for Sale
$1,625,000 CAD
Storefront Retail/Residential - FOR SALE
1/5
null | 6.56% Cap Rate

88-94 King St W
Brockville, ON K6V 3P9


HIGHLIGHTS

  • 3 Fully Renovated Units
  • One unit may not be subject to rent controls
  • Downtown Parking
  • Possible to split larger unit into 2 on turnover
  • 50 Year Commercial tenant

OVERVIEW

Cento Capital Presents the King West Lofts at a 7% Cap - Turnkey mixed-use investment opportunity in the heart of Brockville at 94 King St W. This well-maintained asset features 8 total units including 5 residential and 3 commercial, generating a strong net operating income of $113,962.66. Seller may be open to a VTB / Seller Financing. Experienced property management and trusted contractor team in place, offering seamless continuity and added value for the new owner. The property benefits from recent capital improvements two completely new units to the studs, one renovated unit, updated rear siding, newer windows in rear units, reducing near-term expenses. All five residential units include in-suite laundry, supporting tenant retention and rental growth. The commercial component is anchored by established tenants including one occupant of over 50 years, providing exceptional income stability. Additional value includes 5 on-site parking spaces in a desirable downtown location. Ideal for investors seeking consistent cash flow, reliable tenancy, and a proven income-producing asset. Tenants pay own Hydro. Landlord pays water. No Gas.

FOR SALE DETAILS

PRICE

$1,625,000 CAD

PRICE/SF

$203 CAD /SF

CAP RATE

6.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

King West Lofts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

MD

APN/PARCEL ID

080202004002900,80202004002900

ASK ABOUT THIS PROPERTY

Adam KrawecRe/Max Escarpment Realty IncMore Info
343-307-9807

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Adam KrawecRe/Max Escarpment Realty IncMore Info
343-307-9807

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