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Description
Excellent investment opportunity in the heart of downtown Brockville, just steps from the St. Lawrence River. Ideally positioned on a prominent corner lot along King Street, Brockville's primary downtown commercial corridor, this property offers exceptional visibility and convenient access to Highway 401. This well-maintained two-storey steel and brick building comprises approximately 8,995 square feet and features a fully leased mixed-use configuration with two commercial tenants and four residential units. The ground floor offers approximately 4,825 square feet of retail space leased to two well-established tenants, while the second floor (known as 30 Bethune Street) features four spacious 2 bedroom, 1 bathroom apartments, each with a private balcony overlooking King Street. All units benefit from dedicated heating and cooling systems and are separately metered for gas and hydro. Additional highlights include in-building laundry for tenant convenience and supplemental income, as well as a large on-site parking lot with 16 spaces. The building has been well maintained with numerous capital improvements completed, offering a turn-key investment opportunity. Significant value-add potential exists through future rent increases upon tenant turnover, presenting investors with current and future stable cash flow along with long-term upside. Don't wait -- this is a a great addition to any investment portfolio. Contact LA for rent-roll/financial information etc.
Location Description
King Street East at Bethune Street
Property Details
- Community: 810 - Brockville
- Property Type: Tenant/Commercial
- Bath: 8
- Garages: None
- Annual Property Taxes : $ 28135.74
Building Features
- Parking Type : None
Building Features
- Heating : Gas Forced Air Closed
Land (Lot Features)
- Frontage: 80 sq.ft
- Land Depth: 154sq.ft
Listing Contracted With: ROYAL LEPAGE TEAM REALTY