260 KING STREET W

Retail For Sale in Brockville, Ontario

$2,100,000
Exceptional opportunity for 1.6 Acre site consisting of two separate PIN's (1.14 acres w/building & 0.46 acres vacant) 728' feet of frontage on three streets in the city core of Brockville. Includes single 21,090 sq.ft. main floor, 11,000 sq.ft second floor tenanted building (leased to April 2023) gross rental income over 3 years avg. $130,000 per annum plus chip truck rental income of $12,000 per annum on adjacent vacant land portion of lot Site is opposite Metro, 450 metres to Yacht Club (St. Lawrence Waterfront), 600 metres to Waterfront Park, 400 metres to Shoppers Drug Mart and is zoned MDH - Mixed Use Downtown allowing for a wide range of commercial uses and allows for Apartment/Condo Dwelling as part of mixed use development (per By-Law). Adjacent new multi family redevelopment and an ideal opportunity to maximize favourable zoning within the context of redevelopment plans while generating income from current tenants in a prime city core location. (id:4069)
Address 260 KING STREET W
List Price $2,100,000
Property Type Retail
Area Ontario
Sub-Area Brockville
Lot Size 728 ft X * ft (Irregular Lot) Ac.
MLS® Number 1216754
Listing Brokerage RE/MAX RISE EXECUTIVES
Postal Code K6V3S1
Zoning MD/T-MD-1

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Heather And Wilf

RE/MAX Rise Executives Brokerage

642 Derbyshire Point Lane Athens ON K0E 1B0

Mobile: HS 613-340-6032 WK 613-340-3293

Office: 613-924-0135

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