
Residential Commercial Mix For Sale
$1,199,000
MLS® Number: N12938410
Bedrooms
4
Bathrooms
4
Residential Commercial Mix For Sale
$1,199,000
Bedrooms
4
Bathrooms
4
272 MAIN STREET, King (Schomberg), Ontario
About This Property
Exceptional freestanding mixed-use opportunity in the heart of Schomberg, located in the highly desirable King area. Situated on Main Street and surrounded by charming shops, restaurants, and boutique storefronts, this property offers both strong investment fundamentals and end-user potential. The main level features approximately 1,000 sq ft of commercial space, plus an additional 1,000sq ft on the lower level, providing excellent versatility for retail, service, or professional use. The upper floors include three residential apartments totaling 2,362 sqft, comprised of two one-bedroom units and one spacious two-bedroom unit. The basement also includes a dedicated laundry and utility room servicing the building. With approximately 4,800sq ft of total space, this fully leased property currently generates over a 5% CAP rate, making it an attractive, income-producing asset in a thriving small-town setting. A rare opportunity to acquire a stable mixed-use building in one of King's most charming and walkable communities. Ideal for investors seeking solid returns or end users looking to operate a business while benefiting from residential rental income.
Property Details
Interior Details
Basement
Partially finished, N/A
Bathrooms Partial
1
Bathrooms Total
4
Bedrooms Total
4
Heating
Radiant heat, Natural gas
Building & Exterior
Exterior Features
Brick, Aluminum siding
Foundation Details
Stone, Block
Parking Features
No Garage
Stories
2.0
Land & Location
City Region
Schomberg
Frontage Length
26.6 feet
Lot Size Dimensions
26.5 x 86.06 FT
Postal Code
L0G1T0
Listing & Financials
Listing Office
Royal LePage Security Real Estate
Originating System Name
Toronto Regional Real Estate Board
Other Specifications
Country
Canada
Listed By
Royal LePage Security Real Estate
Mortgage Calculator
Estimated Monthly Payment
$5,890
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$5,890
Principal and interest only. Actual rates may vary.