257-259 King Street W Prescott, Ontario K0E 1T0

$589,900

A rare opportunity to own two office OR retail spaces AND four residential rental units (circa 1950) has arrived in Prescott. 257-259 King Street has never been on the market until today. The two renovated side-by-side office or retail spaces offer 1,080 sq. ft and 1,352 square feet. #257 offering 1,080 sq. feet consists of: a large open concept office space with 3 work spaces, storage, and two private offices. #259 offering 1,352 sq feet , currently offers a large foyer/waiting area, main desk, 2 private offices and a large board room, along with additional storage areas. Whatever your vision is ... a shoe store, clothing outlet, or an office, it can all be easily accommodated. Built on slab, this building is efficiently heated by a brand new boiler system (2023). For the cooling, two heat pumps provide the air conditioning (one in each office space), and were installed in (2022). Above the two office spaces, there are 4 residential units, with a separate entrance (and back fire escape). These units consist of: (2) bachelor apartments, (1) one bedroom unit, and (1) two bedroom unit. One of the bachelor units and the two bedroom units capture views of the majestic St. Lawrence River. The apartments all have hardwood flooring that is still in very good shape. Behind this building, there is a parking area that can accommodate 4-6 spaces (depending on vehicle size and positioning). There is a separate access to the boiler & electrical room. With what it costs to build in today's market, you couldn't build this building at this listing price. Financials will be shared to serious and qualified buyers only - NDA must be signed. This building is located close to highways 401, 416 and #2. 5 minutes from the USA International border. (id:43934)

Business

Business Type	Service
Business Sub Type	Miscellaneous services

Property Details

MLS® Number	X11989921
Property Type	Retail
Community Name	808 - Prescott

Building

Appliances	Furniture, Stove, Refrigerator
Cooling Type	Partially Air Conditioned
Heating Type	Hot Water Radiator Heat
Size Exterior	5104 Sqft
Size Interior	5,104 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	132 Ft
Size Frontage	41 Ft
Size Irregular	Bldg=41 X 132 Ft
Size Total Text	Bldg=41 X 132 Ft
Zoning Description	Retail Or Office With Residential Units, <10,000sf

https://www.realtor.ca/real-estate/27955917/257-259-king-street-w-prescott-808-prescott