112 King Street
Prescott, ON
- 5,562 sqft
- Commercial Retail
Visit the REALTOR website for further information about this listing.Turnkey Fully-Leased Multi-Use Investment - Boutique Commercial + 10Apartments. An exceptional income-producing property in Prescott'sdesirable RiverWalk District-steps to the St. Lawrence River. Twobuildings (112 & 124 King) are sold together, offering a turnkey blendof commercial and residential revenue. 118 King Street was allocatedby the town for the residential units. The main commercial space-hometo Glitz, a popular destination offering individual boutique services-spans approx. 1,185 sq. ft. and features seven private treatment rooms,leased monthly to established service providers including spa, massage,cosmetic and specialty wellness offerings. The space provides a sharedwaiting room, powder room, and laundry. Commercial tenants are fullyleased and to be assumed by the new owner. Above and behind thecommercial storefront are 10 stylish one-bedroom apts, each renovatedto combine modern finishes with rustic charm. Units showcase exposedbrick, hardwood floors, open layouts, and updated marble-tiledbathrooms. All apartments include a fridge, stove, and offer strongall-inclusive rents ranging from $1,375-$1,800/mth. Fully leased andwell-maintained, they deliver stable, long-term revenue. The propertyunderwent significant upgrades from 2021-23, including new mechanicals,5 gas furnaces, 5 central air units, 2 gas hot water tanks, upgradedplumbing/electrical (800 AMP service), and triple-pane windows.Features include 9 paved tenant parking spaces, separate residentialand commercial entrances, balconies on upper levels, coin-operatedlaundry, alarm system, and excellent visibility on a high-traffic mainstreet. A rare opportunity to acquire a fully leased, updated asset ina prime downtown location-an ideal portfolio addition offering strongcash flow, modern infrastructure, and the coveted charm of Prescott'shistoric waterfront community. Contact the listing salesperson foradditional details.
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Listing Details
- Taxes (2025)
- $14,173
- Listed
- November 13, 2025
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 40.71 x 136.63 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Edward Street
- Zoning
- Commercial (CTN) and Res (RTP)
- Parcel Number
- 681590201
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Health & Beauty Related
- Office / Apartment Area
- 5295 Sq Ft
Included
- Inclusions
- Fridge and Stove from each residential unit, 5 A/C, 5 furnaces, 2 hot water tanks, coin operated washer/dryer on 2nd level. (does not include any belongings from commercial or residential units)
- Exclusions
- Nil
- Rental Items
- AC/furnaces/hot water tanks are owned, rental of $84.75/month for fire panel and $15/month for the back street light (town owned and maintained)
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K0E
- Population
- 39,649
- Private dwellings
- 18,426
- Median age
- 49.6
- Average household size
- 2.4
- Median household income
- $83,000
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 Prescott · last 12 months
- Median sold price
- $395,000
- Homes sold
- 58
- Median days on market
- 32
- Sale-to-list price
- 96.6%
Based on 58 recorded sales of commercial properties in Prescott over the last 12 months.
Listed by
PG DIRECT REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 5,562 sq ft
- Price per sq ft
- $449.48
- Annual property tax
- $14,173
- Tax per sq ft
- $2.55
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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