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71-85 King Avenue

71-85 King Avenue

Clarington, ON

  • 2 bath
  • 12,000 sqft
  • Commercial Retail
  • 187 days on market
$3,375,000Price reduced 8%

Solid Investment Opportunity @ Prime Location in the Heart of Newcastle Village Surrounded by National Retail Anchors like LCBO, No Frills, CIBC, Shoppers Drugmart. Mixed-Use building with flexible zoning: includes 6000 SQFT commercial & 11 Apartments including both 1 bedroom and 2 bedroom options. All Commercial Tenants on NET leases, and all Residential Tenants Pay Separate Utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in Renewal Rates!

Listing Details

Taxes (2025)
$52,768
Originally Listed
$3,675,000
Listed
March 3, 2026

Price History

Property

Lot Size
82 x 165 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
King Avenue E / Beaver St S
Zoning
Commercial C-133
Parcel Number
266590314
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Retail Store Related

Included

Inclusions
Survey, Rent roll.

Community

Postal area L1C

Population
50,217
Private dwellings
18,207
Median age
37.2
Average household size
2.8
Median household income
$109,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Clarington · last 12 months

Median sold price
$745,000
Homes sold
1,373
Median days on market
18
Sale-to-list price
98.9%

Based on 1,373 recorded sales of commercial properties in Clarington over the last 12 months.

Listed by

Royal LePage Frank Real Estate

Walk Score

94

Walk

61

Bike

Scores by Walk Score®

Commercial figures

Building area
12,000 sq ft
Price per sq ft
$281.25
Annual property tax
$52,768
Tax per sq ft
$4.40

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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