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64 King Street E

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  • 3 Bathroom
  • None
  • Forced Air

$659,900

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:66888)

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Business

Business Type Residential
Business Sub Type Apartments

Details

Property Details
MLS® Number X13629092
Property Type Multi-family
Community Name 810 - Brockville
Amenities Near By Highway, Public Transit
Equipment Type Water Heater, Washer(s)
Features Irregular Lot Size
Rental Equipment Type Water Heater, Washer(s)
Building
Bathroom Total 3
Age 100+ Years
Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Type Multi-family
Utility Water Municipal Water
Land
Acreage No
Land Amenities Highway, Public Transit
Size Depth 143 Ft ,7 In
Size Frontage 57 Ft
Size Irregular 57.01 X 143.64 Ft
Size Total Text 57.01 X 143.64 Ft
Zoning Description Commercial

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