Price ChangeFor Sale

67 King Street E
Clarington, Durham, ON, L1C 1N4

Commercial Retail
TRREB
MLS® Number: E12125607
$1,849,000List Price
Commercial RetailProperty Type
8,353 sq ftSize
$15,292.29 / 2024Taxes (Annual)
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PRICE CHANGED
$1,849,000
Previously Listed For:
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Listing History

Buy/sell history for 67 King Street E, Clarington, ON L1C 1N4

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Description

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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$15,292.29 / 2024
Listing #:E12125607
Property Type:Commercial Retail
Size:8,353 sq ft
Land Size:50 x 165
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE TODAY REALTY LTD.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Bowmanville
Municipality:Durham

Building

Size:8,353 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Other
Utility Sewer:Sanitary Available

Land

Cross Street:Liberty St & King St E

$1,849,000

List price

67 King Street E, Clarington – Commercial Retail for sale · MLS® # E12125607