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$1,199,000
Available - For Sale
Listing ID: N12802028
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.
Price $1,199,000
Taxes: $5,823.54
Tax Type: Annual
Occupancy by: Tenant
Address: 272 Main Street , King, L0G 1T0, York
Postal Code: L0G 1T0
Province/State: York
Legal Description: PT LT 19 PL 87 KING AS IN R427440, T/W R
Directions/Cross Streets: Main Street South Of HWY 9
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 3,330.35
Total Area Code:  Square Feet
Office/Appartment Area: 2363
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Outside Storage: F
Heat Type: Water Radiators
Central Air Conditioning: No
Sewers: Sanitary
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Royal LePage Security Real Estate

272 Main Street , King, L0G 1T0, York

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Store W Apt/Office
Area: York
Municipality: King
Neighbourhood: Schomberg
Style:
Lot Size: x 86.06(Feet)
Approximate Age:
Tax: $5,823.54
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908