For Sale Retail

314-316 King Street W

$465,000 Est. $2,059/mo ↓

Prescott, Ontario K0E 1T0

2 Bathrooms
2,270 sqft Interior
3 Parking spaces
Bldg=22 X 136 Ft Lot size
1 day ago Listed
Virtual tour Partially Air Conditioned Baseboard Heaters, Forced Air

About this home

Own a piece of local history while investing in your future! Formerly home to the well-known Mary Kay Shoppe, this landmark mixed-use building is ready for its next chapter. Offering approximately 1,135 sq. ft. on each level, this versatile property combines prime commercial space on the main floor with a spacious residential apartment above, making it an exceptional opportunity for entrepreneurs, investors, or those dreaming of living where they work.The street-level commercial space offers excellent exposure & features a bright retail area, change rooms, office/storage space, & a bathroom, providing endless possibilities for a boutique, professional office, salon, specialty shop, or countless other business ventures.Upstairs, you'll find a bright & welcoming residential unit featuring a large screened-in porch, spacious eat-in kitchen, dining room, living room, bedroom, office, & bathroom. Whether you choose to live upstairs while operating your business below or generate rental income to help offset your mortgage, the flexibility of this property is hard to beat.Positioned in a high-traffic location beside RBC and directly across from the LCBO, your business will benefit from exceptional visibility and steady pedestrian and vehicle traffic. 3 dedicated parking spaces at the rear of the building provide added convenience for owners, staff, or tenants. With some vision & cosmetic updates, this property is ready to be transformed into something truly special. As the downtown core continues to experience revitalization and renewed investment, opportunities like this are becoming increasingly rare. Whether you're an investor, entrepreneur, or visionary looking to establish your business in a thriving community, this is your chance to secure a prominent location with unlimited potential. Don't just invest in real estate-invest in your future, your business, and a building with a story that's ready for its next successful chapter. BUILDING ONLY, NOT BUSINESS for sale! (id:28469)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Facts & features

Property

MLS® Number
X13632206
Property Type
Retail
Community Name
808 - Prescott
Parking Space Total
3

Building

Bathroom Total
2
Age
100+ Years
Appliances
Furniture
Cooling Type
Partially Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Baseboard Heaters, Forced Air
Size Exterior
2270 Sqft
Size Interior
2,270 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
136 Ft
Size Frontage
22 Ft
Size Irregular
Bldg=22 X 136 Ft
Size Total Text
Bldg=22 X 136 Ft
Zoning Description
Commerical With Residential Above

The Prescott market

28 Active listings
$404,500 Median asking price
15% above median This home
34 days Avg. time on market
Browse all Prescott listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$2,059/mo
Ontario land transfer tax
$5,775 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

314-316 King Street W, Prescott, Ontario K0E 1T0  ·  Get directions

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