34 King Street W Clarington, Ontario L1C 1R3

$1,690,000

Premium Investment Opportunity in Bowmanville's vibrant Downtown core. This beautifully restored heritage building, originally The Royal Theatre (circa 1914) offers timeless charm, modern upgrades, & solid income potential. Over 6,000 sq. ft. of mixed-use Commercial Residential space with 4 parking spaces. Well renovated & upgraded: new roof, new energy-efficient windows, new gas-fired boiler, ductless heat/AC Units for year-round comfort. Sep elec meters all units. Flooring, Paint. Retailers & residents love the high ceilings, exposed brick, & abundance of natural light. Main Floor Retail: 4,000+ sq. ft. with soaring ceilings, large street-facing windows, elegant finishes, an upper mezzanine for added merchandise space in the main retail shop + an expansive office/production area with private shipping access, and outdoor staff patio in the back. MN FL Currently tenanted by a premier children's clothing boutique with a stable, long-term lease. Upstairs 3 well-tenanted units: 2BR/2Bath, 2BR/1Bath, and a charming studio in the former projection room with its own entrance ideal for artists or entrepreneurs. All Res tenants are Month-to-Month. Income & Expenses available. Located near major routes (Hwy 2, 401/407, future GO Transit), this property sits in a growth-focused community rich in history & surrounded by protected agricultural lands, conservation areas, waterfront trails. Award-winning festivals, thriving businesses, and a supportive local economy & growing population make this a strategic and charming investment just 75km from Toronto. Many successful retailers, restaurants & professional service businesses surrounding. Floor Plans, I&E available. (id:50886)

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https://www.realtor.ca/real-estate/28823977/34-king-street-w-clarington-bowmanville-bowmanville