67 King Street E Clarington, Ontario L1C 1N4
$1,849,000
FOR SALE AS IS. Offered at $300 per square foot. 6,156 square feet retail mixed-use asset in the downtown area in Bowmanville. Many permitted uses for end users with no commercial parking requirements, medical/dental, bank, general retail and office space, and much more. MASSIVE potential 8.7% CAP RATE upside to any new investor. Durable commercial building with architectural block construction and substantial structural steel framing, metal decking, and concrete first and second floors on the North wing (50%) fronting onto King Street. Features an older brick East wing (1960s-1980s) with wood framing and plaster walls and ceiling for substantial fire resistance. On the south face , there are upgraded balconies. Extensive fire code upgrades in 2016 completed; units are separately metered. Potential for additional floors on the front North section, subject to approvals. (id:50886)
Business
Business Type | Retail and Wholesale |
Business Sub Type | Retail misc. |
Property Details
MLS® Number | E12125607 |
Property Type | Retail |
Community Name | Bowmanville |
Amenities Near By | Highway, Public Transit |
Parking Space Total | 10 |
Building
Appliances | Dryer, Washer |
Cooling Type | Partially Air Conditioned |
Heating Type | Other |
Size Interior | 8,353 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Land Amenities | Highway, Public Transit |
Size Depth | 165 Ft |
Size Frontage | 50 Ft |
Size Irregular | 50 X 165 Ft |
Size Total Text | 50 X 165 Ft |
Zoning Description | C1-34 |
https://www.realtor.ca/real-estate/28262629/67-king-street-e-clarington-bowmanville-bowmanville
Contact Us
Contact us for more information
Rylan Sawh
Salesperson
www.sawhrealestate.com/
www.linkedin.com/in/rylansawh
11 Progress Avenue Suite 200
Toronto, Ontario M1P 4S7
(416) 298-3200
(416) 298-3440
www.homelifetoday.com