An exceptional opportunity to acquire TWO adjoining mixed-use buildings in the heart of downtown Prescott! Ideally positioned on King Street in the RiverWalk District, 228 & 232 King St W combine strong commercial exposure, 6 residential units, exceptional parking and future development potential. W...ith continued investment, new development and growing business activity, Prescott is an increasingly attractive community for investors. The properties feature a large street-level commercial space currently leased to a retail hunting store, with soaring ceilings, beautiful exposed brick and 2 half bathrooms. In addition are 6 residential units occupied by quiet, reliable tenants. Both buildings have been extensively upgraded over the past decade, including most kitchens, bathrooms and windows, modern plumbing and light fixtures, quartz counters, quality appliances, glass shower enclosures, vanities, toilets and professional painting. Additional features include furnaces, security cameras, monitored thermostats, coin laundry and clean, dry basements with spray-foamed areas. Rooftop solar helps keep hydro costs to approximately $300/month for BOTH buildings-an outstanding operating advantage. One of the biggest differentiators is PARKING: an incredible 9 on-site spaces, exceptionally rare for downtown Prescott and a major advantage for both residential and commercial tenants. There may also be potential to add wood-frame third-storey residential units with possible St. Lawrence River views, subject to approvals. Prescott's Downtown/RiverWalk Community Improvement Plan may also provide financial incentives for qualifying redevelopment projects. A turnkey multi-building investment offering established income, quality improvements and compelling long-term potential.
Full Property Details
General
Business Type
-
Retail Area
1300.00 Sq Ft
Office Area
5100.00 Sq Ft
Total Area
6400.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
1300.00 Sq Ft
Office Area
5100.00 Sq Ft
Total Area
6400.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Exterior
Depth
136.0
Front
20.9
Lot Size
21 x 136.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C1
Depth
136.0
Front
20.9
Lot Size
21 x 136.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C1
Building Description
Home Type
Commercial
Subtype
Store W/Apt/Office
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Store W/Apt/Office
Water Supply
Municipal
Possession Date
No Data
Community
Community
Prescott
Community
Prescott
Taxes & Fees
Taxes
$13,061.63 /yr
Tax Year
2025
Occupancy
Owner
Taxes
$13,061.63 /yr
Tax Year
2025
Occupancy
Owner
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