An exceptional mixed-use investment in the heart of downtown Prescott! Ideally positioned on King Street in the RiverWalk District, this impeccably maintained property combines prime commercial exposure, quality residential income and future potential. With continued investment, new development and growing business activity, Prescott is becoming an increasingly attractive community for investors. The building features a street-level commercial space currently leased to a retail hunting store, with soaring ceilings, beautiful exposed brick and two half bathrooms. Three additional residential units are occupied by quiet, reliable tenants. Extensively upgraded over the past decade, improvements include most kitchens, bathrooms and windows, modern plumbing and light fixtures, quartz counters, quality appliances, glass shower enclosures, vanities, toilets and professional painting. Spray-foamed basement areas are clean and dry. Additional features include a furnace, security camera system, monitored thermostats and coin laundry. The rear apartment offers exceptionally high ceilings and its own laundry. A rooftop solar system helps keep hydro costs to approximately $150/month for the entire building. A MAJOR advantage is PARKING: 4 on-site spaces provide parking for every unit-an incredibly rare and valuable feature for downtown Prescott. There may also be potential to add a wood-frame third storey with 2 additional residential units and possible St. Lawrence River views, subject to approvals. Prescott's Downtown/RiverWalk Community Improvement Plan may also provide qualifying redevelopment projects with financial incentives. A turnkey mixed-use asset offering income today and exciting potential for tomorrow. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Amenities Nearby: Highway, Public Transit
- Parking Spaces: 4
- Transaction: For sale
- Zoning Description: C1
Building
- Cooling: Fully air conditioned
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Exterior: 3200 sqft
- Size Interior: 3200 sqft
- Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Amenities: Highway, Public Transit
- Sewer: Sanitary sewer
- Size Frontage: 21 ft
- Size Irregular: Bldg=21 x 136 FT
Listing provided by RE/MAX DELTA REALTY TEAM
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 228 KING STREET W in Prescott Ontario. It was last modified on August 18th, 2026. Contact the Stuewe Team to schedule a viewing or to discover other Prescott real estate for sale.