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$389,900

178 King Street E

MLS® Number: 1192385

Beds: 0

Baths: 0

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Summary

  • Baths0
  • Beds0
  • Year Built1940
  • Storeys2
  • Listing TypeMulti-family
  • Property Style
  • Lot Size{lotsizearea}/
  • Water FrontNo

Location

  • Address178 King Street E
  • CityPrescott
  • Postal CodeK0E1T0

Heating & Cooling

  • Heating ()
  • Fireplace/

Listing courtesy of  RE/MAX HALLMARK REALTY GROUP

Description

All in ONE - INVESTORS and RESTAURANT OWNERS DELIGHT - Buildings, equipment, and ESTABLISHED restaurant business at one low price! Downtown Prescott Ontario, with the St Lawrence River across the road... this is a TURNKEY property. There are three apartments (two-1bedrms, one-2bedrm) and a Commercial space with a ESTABLISHED restaurant in business for 40yrs who was VOTED the BEST PIZZA in the township. The owner is ready to retire and may be available to assist in the transition. UPSDIE TO MORE INCOME: Business may be increased by opening in more hours and more options on the menu, Residential apartments are $300-500 market value per unit. Gross income for the apartments is currently $15600/yr with lots of upside - tenants pay heat and hydro. Commercial space can rent for $1500 + utilities. Prop tax is $3442/2019. Insurance and water is $2500 each ($5000 total). Don't wait, as this is TURN-KEY and profitable even in COVID Season. Great value! (id:30499)


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Moe McIlwain

RE/MAX Hallmark Realty Group

RE/MAX Hallmark Realty Group Brokerage, Independently Owned & Operated
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