47
$729,900 Sale
Listed 4 days ago
64 KING STREET E
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· 3.0
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Key Facts
Key facts for 64 KING STREET E
Property Type
Apartment, Multi-Family
Parking
Garage: No, 0 parking
MLS #
X12468916
Size
-
Basement
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Listed on
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Lot size
-
Tax
-
Days on Market
-
Year Built
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Maintenance Fee
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Description
Unlimited Opportunities: Investment Property Overview - This unique multi-use property presents exceptional potential for both investors and entrepreneurs. Featuring three income-generating apartment rentals, a versatile commercial restaurant or office space, and ample on-site parking, this property... offers multiple revenue streams and outstanding flexibility. Once home to professional offices before becoming a restaurant, the space can easily be adapted to suit a variety of business models. Key Features-Apartment Rentals. Three separate residential units, each with well-designed layouts. Strong potential for steady income from long-term tenants or short-term leases. Opportunity to renovate or modernize for increased rental value. Restaurant or Office Space - commercial space currently configured as a restaurant. Offers both indoor dining and a large outdoor patio. Can be reconverted to office space or adapted for other commercial uses. Ample on-site parking for tenants, customers, and employees. A convenient layout ensures accessibility and a positive visitor experience. Diverse Income Streams-Income potential from apartment rentals, restaurant operations, and parking (if monetized). A balanced portfolio opportunity for investors seeking stability and growth. The commercial portion supports multiple service models: full-service dining, takeout, catering, or office conversion. Well-designed layout with several distinct dining areas: Sunroom: seats up to 29 guests, perfect for casual meals or private gatherings. Heritage Dining Room: Warm, classic ambiance with seating for 45 guests, ideal for fine dining or special events. Patio: Expansive outdoor area accommodating 73 guests. The Opportunity - This is an investment with limitless potential-operate a restaurant, repurpose for professional offices, or maintain a hybrid use that maximizes all available revenue channels. Capitalize dynamic on high-visibility location. (id:10452)
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Listing courtesy of: RE/MAX HOMETOWN REALTY INC
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