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DESCRIPTION

Located in the heart of downtown Prescott, and only steps from the majestic St. Lawrence River waterfront, this historically rich 3 storey building boasts a turn-key opportunity Sports Bar Restaurant on the main floor and 10 residential rental units above on floors 2 & 3. The main floor consists of approx 4285 sq ft currently occupied by Boomers Sports Bar & Restaurant. The residential units consist of 4-2 bdrm units on 3rd floor, on the 2nd floor are 1-2 bdrm units, 1-1 bdrm and 4-bachelor units. All units have recently been upgraded, new high energy efficiency gas furnace installed 2019 on 2nd floor, new furnace installed in 2015 for main floor bar & restaurant area. All windows on front side of building have been replaced. All units individually metered and forced air gas heat except 4 bachelor units are electric heat serviced on shared meter. Electrical system inspected and up to code 2018. Tar & Gravel Roof passed inspection 2018. Piece of Prescott history. Cap Rate over 9%. (id:5764)

KEY DETAILS
  • Price:
  • $895,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • n/a
  • Year Built:
  • 1879
  • Listing #:
  • 1144645
  • Street Address:
  • 186 King Street W
  • City:
  • Prescott
  • State:
  • ON
  • Postal Code:
  • K0E 1T0
  • Subdivision:
  • Downtown Core
  • Listing Status:
  • For Sale - Active

Building

  • Construction Description:
  • Masonry
  • Number Of Units:
  • 10
  • Stories:
  • 3
  • Year Built:
  • 1879

Land

  • Road Frontage:
  • 43 Ft

Structures

  • Parking Spaces:
  • 3

Systems

  • Heating Fuel:
  • Natural Gas, Electric
  • Sewage Type:
  • Municipal Sewage System

Source

  • Listing Provided By Solid Rock Realty

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