34 King ST W new

Clarington,ON L1C 1R3

$ 1690000

- Bed

- Bath

6000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $281

Subdivision Bowmanville

MLS Listing ID E12385650

Annual Tax Amount $8,633

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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

Location

Province ON

County Durham

Community Bowmanville

Area Durham

Interior

Cooling Partial

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 36.5

Lot Depth 168.0

Others

Security Features No

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