An exceptional mixed-use investment in the heart of downtown Prescott! Ideally positioned on King Street in the RiverWalk District, this impeccably maintained property combines prime commercial exposure, quality residential income and future potential. With continued investment, new development and ...growing business activity, Prescott is becoming an increasingly attractive community for investors. The building features a street-level commercial space currently leased to a retail hunting store, with soaring ceilings, beautiful exposed brick and two half bathrooms. Three additional residential units are occupied by quiet, reliable tenants. Extensively upgraded over the past decade, improvements include most kitchens, bathrooms and windows, modern plumbing and light fixtures, quartz counters, quality appliances, glass shower enclosures, vanities, toilets and professional painting. Spray-foamed basement areas are clean and dry. Additional features include a furnace, security camera system, monitored thermostats and coin laundry. The rear apartment offers exceptionally high ceilings and its own laundry. A rooftop solar system helps keep hydro costs to approximately $150/month for the entire building. A MAJOR advantage is PARKING: 4 on-site spaces provide parking for every unit-an incredibly rare and valuable feature for downtown Prescott. There may also be potential to add a wood-frame third storey with 2 additional residential units and possible St. Lawrence River views, subject to approvals. Prescott's Downtown/RiverWalk Community Improvement Plan may also provide qualifying redevelopment projects with financial incentives. A turnkey mixed-use asset offering income today and exciting potential for tomorrow.
Full Property Details
General
Business Type
-
Retail Area
650.00 Sq Ft
Office Area
2550.00 Sq Ft
Total Area
3200.00 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
650.00 Sq Ft
Office Area
2550.00 Sq Ft
Total Area
3200.00 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
$6,057.64 /yr
Tax Year
2025
Occupancy
Owner
Taxes
$6,057.64 /yr
Tax Year
2025
Occupancy
Owner
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