71-85 King Avenue E, Clarington, ON L1C 1R2

$3,375,000

2 Bathrooms
Commercial Retail
MLS® E12841596

Listing Brokerage: Royal LePage Frank Real Estate

Description

Solid Investment Opportunity @ Prime Location in the Heart of Newcastle Village Surrounded by National Retail Anchors like LCBO, No Frills, CIBC, Shoppers Drugmart. Mixed-Use building with flexible zoning: includes 6000 SQFT commercial & 11 Apartments including both 1 bedroom and 2 bedroom options. All Commercial Tenants on NET leases, and all Residential Tenants Pay Separate Utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in Renewal Rates!

Property details

MLS® number: E12841596
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: Newcastle
City: Clarington
Bathrooms: 2
Building area: 12000 Square Feet
Lot width: 82 Feet
Lot depth: 165 Feet
Heating: Gas Forced Air Closed
Cooling: Yes
Garage: Outside/Surface
Taxes: $52,768.29
Tax year: 2025
Business type: Retail Store Related
Retail area: 6000
Listing brokerage: Royal LePage Frank Real Estate

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