224 KING Street W

In beautiful historic downtown Brockville, opportunity arises! This commercial/residential building offers a total footprint of +/- 16,303 sqft. The front is divided into a commercial/retail space and two stunning 2 bedroom, 2 bathroom apartment units with premium rents. The back of the building has approved plans to create 8 two-storey townhomes within the beautiful stone structure. An additional possibility to be converted to a condominium corp. exists with the potential of 1 to 2 parking spots each. The two apartment units have been lovingly renovated to create stylish and luxurious living spaces with large living areas, beautifully finished kitchens and bathrooms, and a view over the bustling downtown core. The property offers 16 parking spaces in the back as well as an oversized detached garage that could be converted into 10 storage units. Conveniently located in downtown Brockville, close to the waterfront, premium retailers grocery stores, Brockville’s well know Art Centre and Brockville’s greatest social area. With a great investment opportunity and perfect location, while gaining a healthy ROI through existing residential and commercial tenancies and encouraging the ongoing revitalization of the Brockville core. (id:50836)