314-316 King Street
Prescott, ON
- 2 bath
- 2,270 sqft
- Commercial Retail
Own a piece of local history while investing in your future! Formerly home to the well-known Mary Kay Shoppe, this landmark mixed-use building is ready for its next chapter. Offering approximately 1,135 sq. ft. on each level, this versatile property combines prime commercial space on the main floor with a spacious residential apartment above, making it an exceptional opportunity for entrepreneurs, investors, or those dreaming of living where they work.The street-level commercial space offers excellent exposure & features a bright retail area, change rooms, office/storage space, & a bathroom, providing endless possibilities for a boutique, professional office, salon, specialty shop, or countless other business ventures.Upstairs, you'll find a bright & welcoming residential unit featuring a large screened-in porch, spacious eat-in kitchen, dining room, living room, bedroom, office, & bathroom. Whether you choose to live upstairs while operating your business below or generate rental income to help offset your mortgage, the flexibility of this property is hard to beat.Positioned in a high-traffic location beside RBC and directly across from the LCBO, your business will benefit from exceptional visibility and steady pedestrian and vehicle traffic. 3 dedicated parking spaces at the rear of the building provide added convenience for owners, staff, or tenants. With some vision & cosmetic updates, this property is ready to be transformed into something truly special. As the downtown core continues to experience revitalization and renewed investment, opportunities like this are becoming increasingly rare. Whether you're an investor, entrepreneur, or visionary looking to establish your business in a thriving community, this is your chance to secure a prominent location with unlimited potential. Don't just invest in real estate-invest in your future, your business, and a building with a story that's ready for its next successful chapter. BUILDING ONLY, NOT BUSINESS for sale!
Listing Details
- Taxes (2025)
- $2,755
- Listed
- August 3, 2026
Price History
Property
- Age
- 100+
- Lot Size
- 22 x 136 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- King Street and George Street.
- Zoning
- Commerical with residential above
- Parcel Number
- 681600228
- Possession
- 30-59 days
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 1135 Sq Ft
Included
- Inclusions
- All existing light fixtures. Upstairs furniture MAY be negotiable.
- Exclusions
- Store - all clothing and furniture.
- Rental Items
- none, as per Sellers
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
- $400,000
- Homes sold
- 57
- Median days on market
- 32
- Sale-to-list price
- 96.7%
Based on 57 recorded sales of commercial properties in Prescott over the last 12 months.
Listed by
ROYAL LEPAGE PROALLIANCE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,270 sq ft
- Price per sq ft
- $204.85
- Annual property tax
- $2,755
- Tax per sq ft
- $1.21
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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