$599,000
Brockville
26 King Street East, Brockville, Ontario, K6V1A9
This retail property in Brockville is for sale offering roughly 18,600 sq ft of space.
Located in the heart of Downtown Brockville, 26 King Street East presents a rare opportunity for investors and developers looking for substantial square footage, flexible zoning and redevelopment potential in a highly visible downtown location. Offering approximately 16,000 sq. ft. of space on a prominent 104' x 89' site, this vacant property provides a unique canvas for its next chapter.The main level features approximately 8,650 sq. ft. of largely open commercial space, formerly home to Giant Tiger, while the second level adds approximately 7,350 sq. ft. of warehouse-style space. A unique feature of the property is dock-level loading at the second floor, with a loading dock capable of accommodating trailers, along with ramp access. The upper level also includes unfinished areas offering potential for future residential conversion, subject to applicable approvals.With portions of the original building dating back to before 1820 and later additions constructed over the years, the property features substantial stone, brick and block construction, large steel beams and concrete flooring; a building with a history almost as impressive as its size.Mixed Use Downtown zoning allows for a wide range of potential uses, giving a future owner the flexibility to reimagine the property as commercial, residential or mixed-use space. Additional features include seven on-site parking spaces, 400-amp electrical service, four central air units, natural gas heating and an EV charging station.Vacant and ready for its next owner, 26 King Street East offers the scale, location and flexibility that are increasingly difficult to find in Downtown Brockville. Whether the vision is redevelopment, repositioning or a long-term investment, this is an opportunity to transform a substantial piece of Brockville's downtown into something entirely new. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 85 days on market, against an average age of 80 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 8.7× the local median household income of $68,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.
Source: Statistics Canada, 2021 Census (FSA K6V)
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