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$699,900

Brockville ON, K6V 1B3

MLS® # X12581524

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 3
  • Amenities Nearby: Highway, Public Transit
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 143.6 Feet
  • Lot Frontage: 57.0 Feet
  • Lot Size: 57.01 x 143.64 FT
  • Zoning: Commercial

Courtesy of: RE/MAX HOMETOWN REALTY INC

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 64 KING STREET E, Brockville, Ontario, K6V 1B3

Demographic Information of 64 KING STREET E, Brockville, Ontario, K6V 1B3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$103,860.97

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.44 %

High school certificate or equivalent

29.51 %

Apprenticeship trade certificate/diploma

5.39 %

College/non-university certificate

24.45 %

University certificate (below bachelor)

2.47 %

University Degree

17.74 %

Commuter

Travel To Work

By Car

68.33 %

By Public Transit

2.87 %

By Walking

17.85 %

By Bicycle

1.12 %

By Other Methods

9.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.24 %

Houses

25.76 %

Own Vs. Rent