$3,375,000 Sale

Listed 238 days ago

71-85 King Avenue E

MLS® e12841596 Commercial/Retail

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Beds · 0

Baths · 2

Parking · -

Sqft · -

Est. mortgage

$12,804/mo

Property Taxes

$52,768.29/yr

Key Facts

Key facts for 71-85 King Avenue E

Property Type

Commercial

Parking

Outside/Surface

MLS #

E12841596

Size

Basement

Listed on

2026-03-03

Lot size

82 x 165.0

Tax

$52,768.29 /yr

Days on Market

239

Approximate Age

Maintenance Fee

Description

Solid Investment Opportunity @ Prime Location in the Heart of Newcastle Village Surrounded by National Retail Anchors like LCBO, No Frills, CIBC, Shoppers Drugmart. Mixed-Use building with flexible zoning: includes 6000 SQFT commercial & 11 Apartments including both 1 bedroom and 2 bedroom options. ...All Commercial Tenants on NET leases, and all Residential Tenants Pay Separate Utilities! Building in great condition with many recent upgrades like electrical, roof, fire escape, etc. Great upside potential in Renewal Rates!

Full Property Details

General

Business Type

Retail Store Related

Retail Area

6000.00 Sq Ft

Total Area

12000.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Business Type

Retail Store Related

Retail Area

6000.00 Sq Ft

Total Area

12000.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Interior

Washrooms

Heating Fuel

Gas Forced Air Closd

Air Conditioning

Yes

Washrooms

Heating Fuel

Gas Forced Air Closd

Air Conditioning

Yes

Exterior

Depth

165.0

Front

82.0

Lot Size

82 x 165.0 ft

Parking Spaces

Total Parking Spaces

Parking Description

Outside/Surface

Garage Spaces

Zoning

Commercial C-133

Depth

165.0

Front

82.0

Lot Size

82 x 165.0 ft

Parking Spaces

Total Parking Spaces

Parking Description

Outside/Surface

Garage Spaces

Zoning

Commercial C-133

Building Description

Home Type

Commercial

Subtype

Commercial/Retail

Sewers

San+Storm

Water Supply

Municipal

Possession Date

5/1/2026

Home Type

Commercial

Subtype

Commercial/Retail

Sewers

San+Storm

Water Supply

Municipal

Possession Date

5/1/2026

Community

Newcastle

Community

Newcastle

Taxes & Fees

Taxes

$52,768.29 /yr

Tax Year

2025

Occupancy

Tenant

Taxes

$52,768.29 /yr

Tax Year

2025

Occupancy

Tenant

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