272 Main Street King, Ontario L0G 1T0

$1,199,000

Exceptional freestanding mixed-use opportunity in the heart of Schomberg, located in the highly desirable King area. Situated on Main Street and surrounded by charming shops, restaurants, and boutique storefronts, this property offers both strong investment fundamentals and end-user potential. The main level features approximately 1,000 sq ft of commercial space, plus an additional 1,000sq ft on the lower level, providing excellent versatility for retail, service, or professional use. The upper floors include three residential apartments totaling 2,362 sqft, comprised of two one-bedroom units and one spacious two-bedroom unit. The basement also includes a dedicated laundry and utility room servicing the building. With approximately 4,800sq ft of total space, this fully leased property currently generates over a 5% CAP rate, making it an attractive, income-producing asset in a thriving small-town setting. A rare opportunity to acquire a stable mixed-use building in one of King's most charming and walkable communities. Ideal for investors seeking solid returns or end users looking to operate a business while benefiting from residential rental income. (id:55460)

Property Details

MLS® Number	N12938410
Property Type	Single Family
Community Name	Schomberg

Building

Bathroom Total	4
Bedrooms Above Ground	4
Bedrooms Total	4
Basement Development	Partially Finished
Basement Type	N/a (partially Finished)
Exterior Finish	Aluminum Siding, Brick
Foundation Type	Block, Stone
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Size Depth	86 Ft
Size Frontage	26 Ft ,6 In
Size Irregular	26.5 X 86.06 Ft
Size Total Text	26.5 X 86.06 Ft

https://www.realtor.ca/real-estate/29536450/272-main-street-king-schomberg-schomberg