731 PRINCES ST N Pending

Kincardine,ON N2Z 1Z5

$ 2000000

- Bed

- Bath

14000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $142

MLS Listing ID X10847665

Annual Tax Amount $10,863

Tax Year 2024

Property Description

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!

Location

Province ON

County Bruce

Area Bruce

Rooms

Kitchen 0

Interior

Interior Features Separate Heating Controls

Cooling No

Fireplace Yes

Heat Source Gas

Exterior

Garage Spaces 10.0

Utilities Available Unknown

Roof Type Slate

Lot Depth 184.0

Total Parking Spaces 10

Building

Foundation Stone,Poured Concrete

New Construction false

Others

Security Features Unknown

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