If you're in the market for an investment property in the heart of downtown Brockville, 161 King Street West presents a rare opportunity with significant income and value-add potential. This unique mixed-use building fronts on King Street West while extending along Kincaid Street, offering excellent visibility and flexibility for future redevelopment.The King Street commercial storefront is occupied by a long-established business, providing an existing income stream. Above the retail space are two vacant floors, each containing a 2-bedroom apartment, allowing a new owner the opportunity to renovate, update, and establish market rents without existing tenancy concerns.Adding to the potential, the rear portions of both upper floors have already been gutted and framed, creating an opportunity for additional residential units, expanded living space, or other permitted uses, subject to municipal approvals. Much of the preliminary work has been completed, allowing the next owner to focus on bringing the project to completion.Along Kincaid Street, there is an additional commercial-retail unit at 26 Kincaid that is currently vacant, offering another opportunity to generate income. Above this space is 26A Kincaid, an occupied residential unit that contributes to the property's current revenue stream.With Brockville's growing demand for rental housing and continued investment in the downtown core, this property offers tremendous upside for investors, contractors, and developers seeking a project with multiple income sources and future growth potential. Whether your vision is to expand the residential component, enhance the commercial spaces, or maximize overall cash flow through strategic renovations, this property provides the foundation to do so.A rare opportunity to acquire a downtown mixed-use building with existing income, vacant units ready for improvement, and substantial potential for increased revenue and long-term appreciation.
Address
161 King Street W
List Price
$399,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Brockville
Sub-Area
810 - Brockville
Region
Leeds and Grenville
Lot Size Source
MPAC
Lot Depth
94.93
Lot Shape
Irregular
Lot Type
Building
Lot Irregularities
See rep remarks
Lot Size Units
Feet
Lot Width
25.9
Parcel Number
441630009
Total Building Area
2500
Occupant Type
Tenant
Cross Street
King Street W & Kincaid Street
MLS® Number
X13238640
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Postal Code
K6V 3R6
Posession Details
TBd
Tax Amount
$8,106.00
Tax Year
2025
Standard Status
Active
Board Or Association
Rideau-St. Lawrence Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
No
Garage Type
None
Tax Legal Description
LT 35 BLK 30 PL 67; PT LT 34 BLK 30 PL 67 AS IN LR230332; BROCKVILLE
Security Features
No
Login To View 7 Additional Details On 161 King Street W
Get instant access to more information with a free account.
Already have an account? Login