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MLS®: E12385650 |
Status: For sale
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Location:
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34 King Street W, Clarington (bowmanville) Ontario, L1C1R3
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Description: |
Premium Investment Opportunity in Bowmanville's vibrant Downtown core. This beautifully restored heritage building, originally The Royal Theatre (c. 1914) offers timeless charm, modern upgrades, & solid income potential. Over 6,000 sq. ft. of mixed-use Commercial Residential space with 4 parking spaces in back accessed by laneway. Well renovated & upgraded! Newer flat Roof, new Energy-Efficient windows, new gas-fired boiler & ductless heat/AC Units for year-round comfort. Sep elec. meters service all units. Upgraded interior decor, vanities, fixtures, flooring, paint. Retailers & Residents love the High Ceilings, Exposed Brick, & abundance of natural light. Main Floor Retail: 4,000+ sq. ft. with soaring ceilings, large street-facing storefront windows, elegant finishes, an upper mezzanine for added merchandise space in the main boutique + an expansive, bright office/production area with private shipping access & an outdoor staff patio in back. MN FL Currently tenanted by a premier children's clothing boutique with stable, long-term lease. Upstairs: 3 well-tenanted Apts: 3BR/2Bath, 1BR/1Bath, and a charming studio in the former projection room with its own entrance ideal for artists or entrepreneurs or pied--terre. All Res. tenants are Month-to-Month. Located near major routes (Hwy 2, 401/407, future GO Transit). This property sits in a growth-focused community rich in history & surrounded by protected agricultural lands, conservation areas, waterfront trails. Award-winning festivals, a supportive local economy with thriving, successful retailers, restaurants & professional services, plus a growing population, make this a strategic & sophisticated investment, just 75km from Toronto. Income & Expenses & Floor Plans available. Approx. 6% Cap Rate (id:2471) |
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Property: |
| Type: Retail |
| Lot Dimensions: 0.157 | Acreage: 0.157 ac |
| Water: Municipal water |
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Structure: |
| Square Footage: 6000 sqft |
| Heating: Hot water radiator heat |
| Heating Type: Natural gas |
| Cooling Type: Partially air conditioned |
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Features:
 | Irregular lot size |
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BALL Real Estate Inc., Brokerage - Norwood
Jayne Porter
Sales Representative
Email Me
Telephone:705-660-2255
Cellular:416-435-2005
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Listing Office: CENTURY 21 ALL-PRO REALTY (1993) LTD. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
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**Broker *Sales Representative
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