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$1,690,000
Available - For Sale
Listing ID: E12385650
Premium Investment Opportunity in Bowmanville's vibrant Downtown core. This beautifully restored heritage building, originally The Royal Theatre (c. 1914) offers timeless charm, modern upgrades, & solid income potential. Over 6,000 sq. ft. of mixed-use Commercial Residential space with 4 parking spaces in back accessed by laneway. Well renovated & upgraded! Newer flat Roof, new Energy-Efficient windows, new gas-fired boiler & ductless heat/AC Units for year-round comfort. Sep elec. meters service all units. Upgraded interior decor, vanities, fixtures, flooring, paint. Retailers & Residents love the High Ceilings, Exposed Brick, & abundance of natural light. Main Floor Retail: 4,000+ sq. ft. with soaring ceilings, large street-facing storefront windows, elegant finishes, an upper mezzanine for added merchandise space in the main boutique + an expansive, bright office/production area with private shipping access & an outdoor staff patio in back. MN FL Currently tenanted by a premier children's clothing boutique with stable, long-term lease. Upstairs: 3 well-tenanted Apts: 3BR/2Bath, 1BR/1Bath, and a charming studio in the former projection room with its own entrance ideal for artists or entrepreneurs or pied-à-terre. All Res. tenants are Month-to-Month. Located near major routes (Hwy 2, 401/407, future GO Transit). This property sits in a growth-focused community rich in history & surrounded by protected agricultural lands, conservation areas, waterfront trails. Award-winning festivals, a supportive local economy with thriving, successful retailers, restaurants & professional services, plus a growing population, make this a strategic & sophisticated investment, just 75km from Toronto. Income & Expenses & Floor Plans available. Approx. 6% Cap Rate
Price $1,690,000
Taxes: $8,633
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 34 King Stre West , Clarington, L1C 1R3, Durham
Postal Code: L1C 1R3
Province/State: Durham
Legal Description: PT LT 43 BLK M PL GRANT BOWMANVILLE AS I
Directions/Cross Streets: Silver St & King St W
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 6,000
Total Area Code:  Square Feet
Office/Appartment Area: 1848
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Double Man Shipping Doors #: 1
Grade Level Shipping Doors #: 1
Heat Type: Gas Hot Water
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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CENTURY 21 ALL-PRO REALTY (1993) LTD.

34 King Stre West , Clarington, L1C 1R3, Durham


 
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Type: Com - Commercial Retail
Area: Durham
Municipality: Clarington
Neighbourhood: Bowmanville
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Lot Size: x 168.00(Feet)
Approximate Age:
Tax: $8,633
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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