71-85 KING AVENUE E, Clarington (Newcastle), Ontario, L1C1R2
MLS: E12841596 | Retail
$3,675,000
Property Description
Solid Investment Opportunity @ Prime Location in the Heart of Newcastle Village Surrounded by National Retail Anchors like LCBO, No Frills, CIBC, Shoppers Drugmart. Mixed-Use building with flexible zoning: includes 6000 SQFT commercial & 11 Apartments including both 1 bedroom and 2 bedroom options. All Commercial Tenants on NET leases, and all Residential Tenants Pay Separate Utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in Renewal Rates! (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: 2
- Living Area: 12,000 sq ft (1,114.8 m²)
- Lot Size: 0.3190 acres (0.13 ha)
- Frontage: 82 ft (25 m)
Costs
- Annual Taxes: $52,768.29
Listing Provided by: ROYAL LEPAGE FRANK REAL ESTATE
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Fully air conditioned
Exterior & Construction
- Water: Municipal water
Lot & Land
- Lot Size: 0.3190 acres (0.13 ha)
- Frontage: 82 ft (25 m)
- Zoning: Commercial C-133
Community & Neighbourhood
- Neighbourhood: Newcastle
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 71-85 KING AVENUE E, Clarington (Newcastle), Ontario, L1C1R2
Location & Neighborhood
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