$2,300,000 Sale

Listed 55 days ago

112 KING STREET W

MLS® x13685826 Retail

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Beds · 0

Baths · 0.0

Parking · 9

Sqft · 5562

Est. mortgage

$8,725/mo

Key Facts

Key facts for 112 KING STREET W

Property Type

Commercial

Parking

Garage: No, 9 parking

MLS #

X13685826

Size

5562 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

A remarkable fully leased mixed-use investment in the heart of Prescott's RiverWalk District, steps from the St. Lawrence River. 112 & 124 King St W, with 118 King allocated to the residential units, combine a unique commercial concept with 10 beautifully renovated apartments, extensive upgrades and... deeded access to 9 parking spaces. The front main level is a street-level wellness and personal-care commercial hub anchored by GLITZ, featuring 7 private treatment rooms leased to established spa, massage, cosmetic and wellness professionals. Approx. 1,185 sq ft, the space includes a shared waiting area, powder room and laundry, with a handicap-accessible breezeway providing convenient access. Above and behind the commercial space are 10 stylish one-bedroom apartments extensively renovated in 2022. The same high-quality finishes found throughout this portfolio continue here, with quartz counters, quality cabinetry and appliances, modern plumbing and lighting fixtures, upgraded bathrooms with glass shower enclosures, contemporary vanities and toilets, hardwood flooring and professionally finished interiors. High ceilings and exposed brick add character, while second-floor apartments feature large private rear decks. The rear exterior is finished in durable, high-end masonry stucco. Major 2021-2023 improvements include 5 gas furnaces, 5 central A/C units, 2 gas hot water tanks, upgraded plumbing and electrical with 800 AMP service, and triple-pane windows. Additional features include coin laundry, an alarm system, separate commercial and residential entrances and excellent King Street visibility. Fully leased with established tenants, modern infrastructure and 9 deeded parking spaces, this is a rare opportunity to acquire a substantial turnkey asset combining immediate cash flow with the character and long-term potential of Prescott's historic waterfront downtown. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

5562 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

5562 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

Bldg=40.71 x 136.63 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial (CTN) and Res (RTP)

Land Amenities

Highway, Recreation

Acreage

Bldg=40.71 x 136.63 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial (CTN) and Res (RTP)

Land Amenities

Highway, Recreation

Building Description

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Community

Prescott

Area Code

Prescott

Community

Prescott

Area Code

Prescott

Other

Virtual Tour Link

https://youtube.com/shorts/lw6rVCof-uQ

Virtual Tour Link

https://youtube.com/shorts/lw6rVCof-uQ

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Yanick Dagenais

Email: [email protected] Cell: 613-617-3834