$2,500,000
FOR SALE

Commercial/Retail

Lot: 40.71 x 136.63 ft
2025 Taxes: $14,172.7

112 King St W
Prescott, ON K0E 1T0 | 808 - Prescott | Leeds and Grenville

Visit the REALTOR website for further information about this listing.Turnkey Fully-Leased Multi-Use Investment - Boutique Commercial + 10Apartments. An exceptional income-producing property in Prescott'sdesirable RiverWalk District-steps to the St. Lawrence River. Twobuildings (112 & 124 King) are sold together, offering a turnkey blendof commercial and residential revenue. 118 King Street was allocatedby the town for the residential units. The main commercial space-hometo Glitz, a popular destination offering individual boutique services-spans approx. 1,185 sq. ft. and features seven private treatment rooms,leased monthly to established service providers including spa, massage,cosmetic and specialty wellness offerings. The space provides a sharedwaiting room, powder room, and laundry. Commercial tenants are fullyleased and to be assumed by the new owner. Above and behind thecommercial storefront are 10 stylish one-bedroom apts, each renovatedto combine modern finishes with rustic charm. Units showcase exposedbrick, hardwood floors, open layouts, and updated marble-tiledbathrooms. All apartments include a fridge, stove, and offer strongall-inclusive rents ranging from $1,375-$1,800/mth. Fully leased andwell-maintained, they deliver stable, long-term revenue. The propertyunderwent significant upgrades from 2021-23, including new mechanicals,5 gas furnaces, 5 central air units, 2 gas hot water tanks, upgradedplumbing/electrical (800 AMP service), and triple-pane windows.Features include 9 paved tenant parking spaces, separate residentialand commercial entrances, balconies on upper levels, coin-operatedlaundry, alarm system, and excellent visibility on a high-traffic mainstreet. A rare opportunity to acquire a fully leased, updated asset ina prime downtown location-an ideal portfolio addition offering strongcash flow, modern infrastructure, and the coveted charm of Prescott'shistoric waterfront community. Contact the listing salesperson foradditional details.
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Listed By PG DIRECT REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12543532
Last Updated Apr 27, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Health & Beauty Related
PIN 681590201
Legal Description PT LT 7 N/S KING ST BLK 2 PL 19 PRESCOTT AS IN PR72251 EXCEPT THE EASEMENTS THEREIN; PRESCOTT
Possession Date Flexible
Taxes (2025) $14,172.7
Directions/Cross Streets Edward Street
Neighbourhood 808 - Prescott
Area Leeds and Grenville
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 40.71 x 136.63 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Parking Spaces 9
Heat Type Gas Forced Air Open
Sewers Sanitary+Storm

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