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272 Main Street

272 Main Street

King, ON

  • 3,330 sqft
  • Store W Apt/Office
  • 192 days on market
$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.

Listing Details

Taxes (2025)
$5,824
Listed
February 19, 2026

Price History

Listing history

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Property

Lot Size
26.5 x 86.06 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Main Street South Of HWY 9
Zoning
CAS SPA
Parcel Number
033980050
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
2363 Sq Ft

Included

Exclusions
Items belonging to Tenants

Community

Postal area L0G

Population
44,945
Private dwellings
15,980
Median age
41.6
Average household size
2.9
Median household income
$118,000

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 King · last 12 months

Median sold price
$1,801,000
Homes sold
239
Median days on market
30
Sale-to-list price
94.2%

Based on 239 recorded sales of commercial properties in King over the last 12 months.

Listed by

Royal LePage Security Real Estate

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area
3,330 sq ft
Price per sq ft
$360.06
Annual property tax
$5,824
Tax per sq ft
$1.75

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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Reita said:

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