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112 King Street

112 King Street

Prescott, ON

  • 5,562 sqft
  • Commercial Retail
$2,300,000

A remarkable fully leased mixed-use investment in the heart of Prescott's RiverWalk District, steps from the St. Lawrence River. 112 & 124 King St W, with 118 King allocated to the residential units, combine a unique commercial concept with 10 beautifully renovated apartments, extensive upgrades and deeded access to 9 parking spaces. The front main level is a street-level wellness and personal-care commercial hub anchored by GLITZ, featuring 7 private treatment rooms leased to established spa, massage, cosmetic and wellness professionals. Approx. 1,185 sq ft, the space includes a shared waiting area, powder room and laundry, with a handicap-accessible breezeway providing convenient access. Above and behind the commercial space are 10 stylish one-bedroom apartments extensively renovated in 2022. The same high-quality finishes found throughout this portfolio continue here, with quartz counters, quality cabinetry and appliances, modern plumbing and lighting fixtures, upgraded bathrooms with glass shower enclosures, contemporary vanities and toilets, hardwood flooring and professionally finished interiors. High ceilings and exposed brick add character, while second-floor apartments feature large private rear decks. The rear exterior is finished in durable, high-end masonry stucco. Major 2021-2023 improvements include 5 gas furnaces, 5 central A/C units, 2 gas hot water tanks, upgraded plumbing and electrical with 800 AMP service, and triple-pane windows. Additional features include coin laundry, an alarm system, separate commercial and residential entrances and excellent King Street visibility. Fully leased with established tenants, modern infrastructure and 9 deeded parking spaces, this is a rare opportunity to acquire a substantial turnkey asset combining immediate cash flow with the character and long-term potential of Prescott's historic waterfront downtown.

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Listing Details

Taxes (2026)
$14,173
Listed
August 17, 2026

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
Owner

Commercial

Business Type
Health & Beauty Related
Office / Apartment Area
5295 Sq Ft

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
56
Median days on market
32
Sale-to-list price
96.6%

Based on 56 recorded sales of commercial properties in Prescott over the last 12 months.

Listed by

RE/MAX DELTA REALTY TEAM

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
5,562 sq ft
Price per sq ft
$413.52
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.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Fully leased with established tenants, modern infrastructure and 9 deeded parking spaces, this is a rare opportunity to acquire a substantial turnkey asset combining immediate cash flow with the character and long-term potential of Prescott's historic waterfront downtown.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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