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260 KING STREET W, BROCKVILLE
2026-07-18
Quick Summary
- Location
- 260 KING STREET W, BROCKVILLE, Ontario K6V3S1
- Price
- $3,495,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 21000 sqft
- Bathrooms:
- 3
- Garages:
- 100
MLS®#X13577812
Property Description
This offering presents an opportunity to acquire a downtown Brockville retail investment on King Street West, comprising approximately 21,000 sq. ft. of main floor retail space together with approximately 11,000 sq. ft. of second-floor mezzanine area. The property is fully leased to a single tenant under a net, carefree lease extending to April 2028. Based on the 2028 rental rate, the current asking price reflects an approximate 5.68% market capitalization rate. The tenant has successfully operated from this location for approximately five years and holds one (1) additional five (5) year renewal option at fair market rent, exercisable with a minimum of six (6) months' prior written notice. The lease also includes a valuable redevelopment clause, permitting the Landlord to terminate the tenancy upon 120 days' written notice to recapture vacant possession for reconstruction, redevelopment, demolition, or a change of use. This provides investors with stable in-place income while preserving a contractual pathway to future redevelopment and highest-and-best-use opportunities. The sprinklered building features ceiling heights of approximately 20 feet on the western portion of the main floor, with approximately 10-foot clearance beneath the mezzanine. The property is improved with a commercial building originally constructed in 1972 as a Canadian Tire store. It was expanded in 1991 and converted to furniture retail use in 1999. The current tenant operates one of a three-store thrift and consignment retail chain. Strategically located in Brockville's downtown core, the property is situated adjacent to Metro Grocery and Circle K, occupying a prominent corner location at King Street West and Gilmour Street, less than one block from the Brockville Arts Centre. The location benefits from excellent exposure, strong pedestrian activity, and convenient access to the surrounding commercial district. Serving a regional population extending well beyond its municipal boundaries (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 21000 sqft
- Utility Water: Municipal water
Land
- Land Size: 1.18 ac
- Sewer: Sanitary sewer
Zoning
- Description: Mixed Use Downtown (MD)
Information entered by RE/MAX RISE EXECUTIVES, BROKERAGE
Listing information last updated on: 2026-07-20 13:20:29
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Erina Park REALTOR
- Phone:
- (613) 770-3185
- Email:
- erinasmpark@gmail.com
- Support Area:
- Kingston, Gananoque, Verona, Seeley's Bay, Stone Mills, Brockville
Erina Park is a REALTOR® with One Percent Realty, proudly serving Kingston and the surrounding comm ...
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