440 KING STREET W, Prescott, Ontario, K0E1T0

Property Description

An excellent opportunity to own two side-by-side commercial/residential buildings in the heart of Prescott 440-446 King Street, Prescott....440 King Street features one renovated commercial unit offering approximately 1200 sq. ft. of space with all new windows. This unit is currently vacant, providing flexibility for a new owner to choose their own tenants or to establish their own business on site. Rental income from 446 King will help offset ownership costs. The commercial space was previously leased for $1,450/month plus utilities. 446 King Street comprises five residential units-four 2-bedroom apartments and one 1-bedroom apartment-with steady rental income .First Floor: $1,150/month plus utilities. Second Floor: $2,550/month total plus utilities. Third Floor: $2,550/month total plus utilities. For the commercial unit, there is ample parking available on King Street. There is ample parking available behind the buildings for tenants, adding to the overall convenience and appeal of the properties. Situated close to shopping, Town services, banks, parks, Kelly's Beach..... just a short walk to the river. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Frontage: 66 ft (20.1 m)

Costs

• Annual Taxes: $4,756.00

Listing Provided by: ROYAL LEPAGE PROALLIANCE REALTY
Board: Rideau - St. Lawrence Real Estate Board
Data provided via CREA DDF®.