$445,000
Prescott
314-316 King Street West, Prescott, Ontario, K0E1T0
This retail property in Prescott is for sale offering roughly 2,270 sq ft of space.
Own a piece of local history while investing in your future! Formerly home to the well-known Mary Kay Shoppe, this landmark mixed-use building is ready for its next chapter. Offering approximately 1,135 sq. ft. on each level, this versatile property combines prime commercial space on the main floor with a spacious residential apartment above, making it an exceptional opportunity for entrepreneurs, investors, or those dreaming of living where they work.The street-level commercial space offers excellent exposure & features a bright retail area, change rooms, office/storage space, & a bathroom, providing endless possibilities for a boutique, professional office, salon, specialty shop, or countless other business ventures.Upstairs, you'll find a bright & welcoming residential unit featuring a large screened-in porch, spacious eat-in kitchen, dining room, living room, bedroom, office, & bathroom. Whether you choose to live upstairs while operating your business below or generate rental income to help offset your mortgage, the flexibility of this property is hard to beat.Positioned in a high-traffic location beside RBC and directly across from the LCBO, your business will benefit from exceptional visibility and steady pedestrian and vehicle traffic. 3 dedicated parking spaces at the rear of the building provide added convenience for owners, staff, or tenants. With some vision & cosmetic updates, this property is ready to be transformed into something truly special. As the downtown core continues to experience revitalization and renewed investment, opportunities like this are becoming increasingly rare. Whether you're an investor, entrepreneur, or visionary looking to establish your business in a thriving community, this is your chance to secure a prominent location with unlimited potential. Don't just invest in real estate-invest in your future, your business, and a building with a story that's ready for its next successful chapter. BUILDING ONLY, NOT BUSINESS for sale! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 93 days on market, against an average age of 83 days across the listings currently for sale in this city
This retail in Prescott is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $445,000, about 5.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $86,924 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0E)
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