232-228 KING STREET W, Prescott
An exceptional opportunity to acquire TWO adjoining mixed-use buildings in the heart of downtown Prescott! Ideally positioned on King Street in the RiverWalk District, 228 & 232 King St W combine strong commercial exposure, 6 residential units, exceptional parking and future development potential. With continued investment, new development and growing business activity, Prescott is an increasingly attractive community for investors. The properties feature a large street-level commercial space currently leased to a retail hunting store, with soaring ceilings, beautiful exposed brick and 2 half bathrooms. In addition are 6 residential units occupied by quiet, reliable tenants. Both buildings have been extensively upgraded over the past decade, including most kitchens, bathrooms and windows, modern plumbing and light fixtures, quartz counters, quality appliances, glass shower enclosures, vanities, toilets and professional painting. Additional features include furnaces, security cameras, monitored thermostats, coin laundry and clean, dry basements with spray-foamed areas. Rooftop solar helps keep hydro costs to approximately $300/month for BOTH buildings-an outstanding operating advantage. One of the biggest differentiators is PARKING: an incredible 9 on-site spaces, exceptionally rare for downtown Prescott and a major advantage for both residential and commercial tenants. There may also be potential to add wood-frame third-storey residential units with possible St. Lawrence River views, subject to approvals. Prescott's Downtown/RiverWalk Community Improvement Plan may also provide financial incentives for qualifying redevelopment projects. A turnkey multi-building investment offering established income, quality improvements and compelling long-term potential. (id:25961)
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Details
- Parking Spaces: 10
- Transaction: For sale
- Zoning Description: C1
Building
- Cooling: Fully air conditioned
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Exterior: 6400 sqft
- Size Interior: 6400 sqft
- Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Size Depth: 136 ft
- Size Frontage: 20 ft ,10 in
- Size Irregular: Bldg=20.9 x 136 FT
This property for sale is located at 232-228 KING STREET W in Prescott. It was last modified on August 21st 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Prescott properties for sale.
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