64 KING STREET E

$699,900

810 - Brockville, Brockville, Ontario

  • 3 baths
Commercial · Multi-familyType
Forced air, Natural gasHeating
NoneCooling
275Days on market

About this property

Unlimited Opportunities: Investment Property Overview – The Opportunity-This is an investment with limitless potential-operate a restaurant, repurpose for professional offices, or maintain a hybrid use that maximizes all available revenue channels. This unique multi-use property presents exceptional potential for both investors and entrepreneurs. Featuring three income-generating apartment rentals, a versatile commercial restaurant or office space, and ample on-site parking, this property offers multiple revenue streams and outstanding flexibility. Once home to professional offices before becoming a restaurant, the space can easily be adapted to suit a variety of business models. Key Features-Apartment Rentals. Three separate residential units, each with well-designed layouts. Strong potential for steady income from long-term tenants or short-term leases (currently $3150.00 per month). Opportunity to renovate or modernize for increased rental value. Restaurant or Office Space-commercial space currently configured as a restaurant. Offers both indoor dining and a large outdoor patio. Can be reconverted to office space or adapted for other commercial uses. Ample on-site parking for tenants, customers, and employees. A convenient layout ensures accessibility and a positive visitor experience. Diverse Income Streams-Income potential from apartment rentals, restaurant operations, and parking (if monetized). A balanced portfolio opportunity for investors seeking stability and growth. The commercial portion supports multiple service models: full-service dining, takeout, catering, or office conversion. Well-designed layout with several distinct dining areas: Sunroom: seats up to 29 guests, perfect for casual meals or private gatherings. Heritage Dining Room: Warm, classic ambiance with seating for 45 guests, ideal for fine dining or special events. Patio: Expansive outdoor area accommodating 73 guests. . Capitalize dynamic on high-visibility location. (id:66327)

Property details

Interior

Bathrooms
3

Exterior & parking

Structure type
Multi-Family
Architectural style
[]
Lot size
57.01 x 143.64 FT

Building & HOA

Heating
Forced air, Natural gas
Cooling
None

Financial & legal

List price
$699,900
Annual taxes
$12,597
Status
Active
MLS® number
X12581524

Location

City
Brockville
Neighbourhood
810 - Brockville
Province
Ontario
Postal code
K6V1B3
Directions
Cross Streets: King Street East and Bethune. ** Directions: Take exit 698 off the 401 and head south on North Augusta Road till you come to King St/Hwy 2 and turn right, heading towards downtown. The property is located on the right-hand side of King St #64.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).