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$1,199,000
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Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision Schomberg
MLS Listing ID N12802028
Annual Tax Amount $5,823
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Exceptional freestanding mixed-use opportunity in the heart of Schomberg, located in the highly desirable King area. Situated on Main Street and surrounded by charming shops, restaurants, and boutique storefronts, this property offers both strong investment fundamentals and end-user potential. The main level features approximately 1,000 sq ft of commercial space, plus an additional 1,000sq ft on the lower level, providing excellent versatility for retail, service, or professional use. The upper floors include three residential apartments totaling 2,362 sq ft, comprised of two one-bedroom units and one spacious two-bedroom unit. The basement also includes a dedicated laundry and utility room servicing the building. With approximately 4,800 sq ft of total space, this fully leased property currently generates over a 5% CAP rate, making it an attractive, income-producing asset in a thriving small-town setting. A rare opportunity to acquire a stable mixed-use building in one of King's most charming and walkable communities. Ideal for investors seeking solid returns or end users looking to operate a business while benefiting from residential rental income.
Location
Province ON
County York
Area York
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 26.5
Lot Depth 86.06
Others
Security Features No
ParcelsYN No
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Listed by Royal LePage Security Real Estate
Nearby Locations
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