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$ 1,690,000
Est. payment /mo
New
34 King ST W Clarington, ON L1C 1R3
6,000 SqFt
UPDATED:
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
Virtual Tour https://listings.insideoutmedia.ca/sites/mnoepwp/unbranded
Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.
