260 King Street
Brockville, ON
- 3 bath
- 21,000 sqft
- Commercial Retail
- 56 days on market
This offering presents an opportunity to acquire a downtown Brockville retail investment on King Street West, comprising approximately 21,000 sq. ft. of main floor retail space together with approximately 11,000 sq. ft. of second-floor mezzanine area. The property is fully leased to a single tenant under a net, carefree lease extending to April 2028. Based on the 2028 rental rate, the current asking price reflects an approximate 5.68% market capitalization rate. The tenant has successfully operated from this location for approximately five years and holds one (1) additional five (5) year renewal option at fair market rent, exercisable with a minimum of six (6) months' prior written notice. The lease also includes a valuable redevelopment clause, permitting the Landlord to terminate the tenancy upon 120 days' written notice to recapture vacant possession for reconstruction, redevelopment, demolition, or a change of use. This provides investors with stable in-place income while preserving a contractual pathway to future redevelopment and highest-and-best-use opportunities. The sprinklered building features ceiling heights of approximately 20 feet on the western portion of the main floor, with approximately 10-foot clearance beneath the mezzanine. The property is improved with a commercial building originally constructed in 1972 as a Canadian Tire store. It was expanded in 1991 and converted to furniture retail use in 1999. The current tenant operates one of a three-store thrift and consignment retail chain. Strategically located in Brockville's downtown core, the property is situated adjacent to Metro Grocery and Circle K, occupying a prominent corner location at King Street West and Gilmour Street, less than one block from the Brockville Arts Centre. The location benefits from excellent exposure, strong pedestrian activity, and convenient access to the surrounding commercial district. Serving a regional population extending well beyond its municipal boundaries
Listing Details
- Taxes (2026)
- $5,962
- Listed
- July 16, 2026
Price History
Property
- Lot Size
- 192 x 200 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- King and Gilmour
- Zoning
- Mixed Use Downtown (MD)
- Parcel Number
- 441930217
- Possession
- Other
- Occupancy
- Tenant
Commercial
- Business Type
- Other
Included
- Exclusions
- All Tenant Fixtures and Trade Chattels
Community
Postal area K6V
- Population
- 28,174
- Private dwellings
- 13,705
- Median age
- 52
- Average household size
- 2.1
- Median household income
- $68,500
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 Brockville · last 12 months
- Median sold price
- $420,000
- Homes sold
- 342
- Median days on market
- 30
- Sale-to-list price
- 97.4%
Based on 342 recorded sales of commercial properties in Brockville over the last 12 months.
Listed by
RE/MAX RISE EXECUTIVES, BROKERAGE
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 21,000 sq ft
- Price per sq ft
- $166.43
- Annual property tax
- $5,962
- Tax per sq ft
- $0.28
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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