Commercial Real Estate for Sale
11 Listings
A remarkable fully leased mixed-use investment in the heart of Prescott's RiverWalk District, steps from the St. Lawrence River. 112 & 124 King St W, with 118 King allocated to the residential units, combine a unique commercial concept with 10 beautifully renovated apartments, extensive upgrades and deeded access to 9 parking spaces. The front main level is a street-level wellness and personal-care commercial hub anchored by GLITZ, featuring 7 private treatment rooms leased to established spa, massage, cosmetic and wellness professionals. Approx. 1,185 sq ft, the space includes a shared waiting area, powder room and laundry, with a handicap-accessible breezeway providing convenient access. Above and behind the commercial space are 10 stylish one-bedroom apartments extensively renovated in 2022. The same high-quality finishes found throughout this portfolio continue here, with quartz counters, quality cabinetry and appliances, modern plumbing and lighting fixtures, upgraded bathrooms with glass shower enclosures, contemporary vanities and toilets, hardwood flooring and professionally finished interiors. High ceilings and exposed brick add character, while second-floor apartments feature large private rear decks. The rear exterior is finished in durable, high-end masonry stucco. Major 2021-2023 improvements include 5 gas furnaces, 5 central A/C units, 2 gas hot water tanks, upgraded plumbing and electrical with 800 AMP service, and triple-pane windows. Additional features include coin laundry, an alarm system, separate commercial and residential entrances and excellent King Street visibility. Fully leased with established tenants, modern infrastructure and 9 deeded parking spaces, this is a rare opportunity to acquire a substantial turnkey asset combining immediate cash flow with the character and long-term potential of Prescott's historic waterfront downtown.
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Turnkey legal 5-unit apartment building offering strong cash flow and extensive redevelopment in the heart of Prescott. Originally a duplex, this property has been comprehensively transformed into a modern income-producing asset while preserving its attractive brick exterior and character. Generating $93,300 in gross annual income with an approximate NOI of $78,820, the building offers an excellent unit mix of one 3-bedroom suite, two 2-bedroom suites (including an accessible unit), and two 1-bedroom suites, one of which is rented as an affordable unit. Extensive capital improvements include all new kitchens, bathrooms, flooring, lighting, interior doors, plumbing, electrical, nearly all new windows, repointed brick, new decks, upgraded insulation, modern mechanical systems, quality finishes throughout, and a durable standing seam metal roof. The building features an efficient utility structure with all tenants paying their own hydro and water. Two suites have their own dedicated heating systems and pay their own heat, while three suites are heated by an efficient central gas-fired hot water boiler. The accessible and affordable units may be of interest to purchasers exploring CMHC financing programs, subject to lender and CMHC eligibility requirements. Conveniently located within walking distance to downtown Prescott, the St. Lawrence River, shopping, restaurants, schools, and just minutes from Highway 401, this is an exceptional opportunity to acquire a true turnkey multi-family investment with significant capital improvements already completed.
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ALL being sold as ONE package! A rare opportunity to acquire 2 heritage stone buildings rich in history and potential in the heart of historic Prescott and situated along the majestic St. Lawrence River, The first bldg - 237-239 King Street W., - 2,300 sq. ft. main floor building would be perfect for retail and/or office space. Possibilities for 237-239: one could separate the units into TWO & operate two businesses OR leave the space open and operate a retail or an outlet store OR have several artisans collaborate with individual spaces offering their products and as a result - a unique shopping experience! (create Fort Town Mews). The second floor offers 1,400 sq. ft of space for either retail, office or perhaps residential accommodations.There are numerous opportunities with this building. Repointing and restoration completed by Hubbard & Co. The building is structurally sound and could be restored further to accommodate the above suggested uses, with potential residential usage on the second & third floors. Circa 1850 (as per Prescott Promenades 2) The building has been taken down to the bare bones so renovating is actually more straightforward. Walls are exposed - a large portion of the hard work and expense has already been done. With the building being opened up, BLDG 2 (Water STreet Side) is similar to the King Street side. Exposed & ready to develop. Second floor can be residential units, while Main Floor can be commercial OR residential. Full basements under both buildings. Be on the ground floor as Prescott revitalizes their downtown core. Contact Prescott's Economic Development to take advantage of their Community Improvement Program & inquire about the grants & interest free loans that may be suitable for your project. Centrally located on the 401 corridor for easy commutes. 50 minutes from our Nation's Capital and 5 minutes to the Canada- USA International Bridge. 5 PINS - one price !!
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The subject is a 1950's era former elementary school having approximately 19,570 sq ft of building area built on 1.979 acres of land. The building has a concrete foundation, concrete floor with masonery and brick construction and built up roof. There is a partial basement in the building which houses the furnace room. The hydro service is 400 amp, and there are 2 Viessmann gas fired boilers that are reported to be +/-10 yrs old. There are some 11 former classrooms or resource rooms, plus administration rooms, a gym and 5 sets of washrooms on the property. A copy of the floor plan of the building is included in the attachments. The property is currently exempt form property taxes. The property is being sold in an "As Is" conditions.
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An excellent opportunity to own two side-by-side commercial/residential buildings in the heart of Prescott 440-446 King Street, Prescott....440 King Street features one renovated commercial unit offering approximately 1200 sq. ft. of space with all new windows. This unit is currently vacant, providing flexibility for a new owner to choose their own tenants or to establish their own business on site. Rental income from 446 King will help offset ownership costs. The commercial space was previously leased for $1,450/month plus utilities. 446 King Street comprises five residential units-four 2-bedroom apartments and one 1-bedroom apartment-with steady rental income .First Floor: $1,150/month plus utilities. Second Floor: $2,550/month total plus utilities. Third Floor: $2,550/month total plus utilities. For the commercial unit, there is ample parking available on King Street. There is ample parking available behind the buildings for tenants, adding to the overall convenience and appeal of the properties. Situated close to shopping, Town services, banks, parks, Kelly's Beach..... just a short walk to the river.
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Opportunity to purchase an established restaurant/pub in the heart of Prescott. Price includes business, chattels and building, with two apartments and commercial rental space. Located at the main corner of downtown, across the street from the marina and amphitheatre. Business may be purchased on its own. Financial information available upon request to Listing Agent.
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Investor Alert: Turnkey Commercial Opportunity Looking for a hands-off investment with a reliable return? This well-maintained commercial building comes with a long-term tenant in place, currently on a 10-year lease with the option to renew for another 5 years. The owner is the tenant of this well-established business with over 20 years of history, offering peace of mind and stable rental income from day one. The property includes a dedicated parking lot at the rear for clients and is located in a high-visibility, convenient area---a smart addition to any investor's portfolio. Great tenant. Great location. Great building. What more could you ask for? Showings are available after business hours. Call now to schedule. Monday and Wednesday 7:00 am - -6:00 pm; Tuesday and Thursdays 7:00 am - 5:00 pm and Friday 7:00 am - 1:30 pm
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Unlock the potential of this 77,000sqft industrial property set on 2.3 acres in the town of Prescott. Ideal for warehousing, manufacturing or logistics operations. Ample yard space for parking and maneuvering transport vehicles. Prescott's central position along the St, Lawrence River and immediate access to Highway 40, Highway 416 and the Ogdensburg-Prescott International Bridge ensures easy distribution routes across Ontario, Quebec and the USA. This property is incredibly maintained and ready.
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Attention Investors! Brand-New 2024-Built 4-Plex in Prime Prescott Location. Discover a rare opportunity to own a brand-new, purpose-built 4-plex in the heart of Prescott! Completed in 2024, this low-maintenance investment property is fully tenanted with leases that began in 2024, ensuring immediate rental income and future growth. Ideally located downtown, 642 West St. offers unparalleled convenience just minutes from schools, shopping, restaurants, Hwy 401, and the scenic St. Lawrence River. Prescott is a growing community with expanding job opportunities, making it an attractive rental market. Each of the four modern 2-bedroom, 1-bath units features an open-concept layout, durable vinyl flooring, stylish kitchens with stainless steel appliances (including dishwashers), and in-unit stackable washers & dryers. Recessed pot lights add a contemporary touch, while an efficient hot water boiler system provides comfortable heating. Current Rent Roll (All Tenants Pay Hydro, Water & Sewer, Heat Included): Upper Units: $2,000/month each (Increasing to $2,050/month in May & July 2025). Lower Units: $1,800/month each (Increasing to $1,845/month in June & July 2025). Total Current Annual Rental Income: $91,200. Total Annual Rental Income After Rent Increases (2025): $93,780. Estimated Annual Expenses (Property is yet to be assessed and has not been operated for a full year): Property Taxes: $4,000 (Estimated). Insurance: $2,638 (Actual). Heating: $2,000 (Estimated Gas Hot Water Boiler System). Lawn Care & Snow Removal: $1,300 (Actual). Current Net Operating Income (NOI): $81,262. Projected NOI After Rent Increases (2025): $83,842. With parking for 8 vehicles and a location in a steadily growing rental market, this turnkey investment is the perfect addition to your portfolio. Interior pictures are prior to occupancy. Don't miss out, contact us today for more details!
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Located in the heart of Downtown Prescott with view of the St. Lawrence River. Known as the historic Fort Town, Prescott is located on the north shore of the Saint Lawrence River and welcomes many tourists throughout the warmer months. It is also home to the Canadian Coast Guard. This two-storey mixed use building is located on the Southeast corner of King Street West and Centre Street and is in close proximity to the waterfront.This is the first time this building is being offered as a sale in over 65 years and is a great redevelopment option for any investor, or owner user. There are Two (2) tenants onsite being HR Block and Prescott Subs, along with two smaller vacant spaces, and a 2nd floor residential area that previously had four residential units.This is a perfect opportunity for an owner user wishing to secure a site for their Business and potentially residence, while collecting revenue from the in place tenants, and for the investors it allows the ability to acquire the building and complete a renovation to the 2nd floor residential units, as well as securing new tenancies for the vacant commercial, street front units. Please request the offer template and additional instructions for submission.
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