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272 Main Street King (Schomberg), Ontario L0G 1T0

3330 sqft
None Radiator

$1,199,000

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. Financials provided upon request. (id:63244)

Property Details

MLS® Number N12802028
Property Type Retail
Community Name Schomberg
Features Irregular Lot Size

Building

Cooling Type None
Heating Type Radiator
Size Exterior 3330.35 Sqft
Size Interior 3330 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 86 Ft
Size Frontage 26 Ft ,6 In
Size Irregular Bldg=26.5 X 86.06 Ft ; 86.06x 26.88x 77.57x 14.33x 8.21x 12.24
Size Total Text Bldg=26.5 X 86.06 Ft ; 86.06x 26.88x 77.57x 14.33x 8.21x 12.24
Zoning Description Cas Spa

https://www.realtor.ca/real-estate/29377868/272-main-street-king-schomberg-schomberg

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