$2,000,000
FOR SALE

Business for Sale

Lot: 66 x 184 ft

731 Princes Street N
Kincardine, ON N2Z 1Z5

Attention investors! Don't miss out on the opportunity to own this high income generating multi-residential building in Kincardine, an area that has strong economic growth for years to come! Just a short drive to Bruce Power, currently at full capacity with a waiting list! The original structure was a large Queen Anne revival, free-standing house built of brick with sandstone detailing and wood embellishments including a porch and slate roof. Located right next to picturesque Victoria Park in Kincardine with views of Lake Huron's famous Sunsets! Originally built in 1895, this 3 story stately Victorian building has 27 self contained bachelor apartments with full bath and kitchenette (plus a 1bedroom unit). Interior also offers a cozy common room with fireplace, kitchen/dining room, fire alarm, 600 amp service, 5 year old natural gas boiler, 2 exercise rooms, staff laundry and coin operated laundry. Many use options are available eg; retirement home, short term rentals, Air B&B, etc. Perfectly located down town Kincardine! (id:47421)
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Listed By Lake Range Realty Ltd.
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number X10847665
Last Updated Dec 19, 2024
Property Summary
Property Type Business For Sale

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Franchise Non-Franchise
Price History

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Detailed Information
Bedrooms 27
Lot 66 x 184 ft
Equipment Water Heater
Features Laundry- Coin operated
Listing Contract Date 2024-05-21
Location Description 1 block East of Queen Street, beside Victoria Park.
# of Parking Spaces 10
Property Type Business
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description R4-i
Building
Amenities Separate Heating Controls
Exterior Finish Brick
Fireplace Present Yes
Foundation Type Stone, Poured Concrete
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Utility Water Municipal water
Land
Total Size Unit=66 x 184 FT
Sewer Sanitary sewer
Size of Irregular Land Unit=66 x 184 FT

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