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193-197 Water Street

193-197 Water Street

Prescott, ON

  • 25,030 sqft
  • Office
$3,500,000

Own a landmark property, the Moran & Hooker Buildings, a beautifully restored 25,000+ sq ft mixed-use asset. Positioned along the scenic Prescott Waterfront, this iconic stone property dates to the mid-1800s and blends timeless heritage character with modern functionality. The building has been restored/converted into a 15-unit commercial complex featuring a diverse tenant mix of professional offices and service businesses, along with a fully built-out waterfront facing pub space. Offered partially leased, the property provides stable income with upside through lease-up, repositioning, or owner-occupier use. Tenants/visitors benefit from direct access to the St. Lawrence River and Riverwalk Park. Additional features include on-site parking lot, 1000 Amp/208V/3-phase power, separately metered units, sprinkler systems, and modern HVAC throughout. Located in a growth-oriented community, the property also presents future development potential for a variety of alternative uses, making this a compelling investment.

Listing Details

Taxes (2026)
$49,907
Listed
April 13, 2026

Price History

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Water Street W & Centre Street
Zoning
C1 R2
Parcel Number
681620134
Possession
Immediate
Occupancy
Partial

Commercial

Business Type
Professional Office
Office / Apartment Area
25030.62 Sq Ft

Property Insights

hot tubdeck patio

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

COLLIERS

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
25,030 sq ft
Price per sq ft
$139.83
Annual property tax
$49,907
Tax per sq ft
$1.99

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

R

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