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34 King Street W Clarington, Ontario L1C 1R3

6000 sqft
Partially Air Conditioned Hot Water Radiator Heat

$1,690,000

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--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 (id:61445)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.

Property Details

MLS® Number E12385650
Property Type Retail
Community Name Bowmanville
AmenitiesNearBy Public Transit
Features Irregular Lot Size
ParkingSpaceTotal 4

Building

Appliances Dishwasher, Dryer, Washer
CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
SizeInterior 6000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 168 Ft
SizeFrontage 36 Ft ,6 In
SizeIrregular 0.157
SizeTotal 0.157 Ac
SizeTotalText 0.157 Ac
ZoningDescription C1-1

https://www.realtor.ca/real-estate/28823977/34-king-street-w-clarington-bowmanville-bowmanville

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Denise Eileen Liboiron
Salesperson


Century 21 All-Pro Realty (1993) Ltd.
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5

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