Welcome to this remarkable commercial retail located in the coveted neighborhood of 808 - Prescott. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
ALL being sold as ONE package! A rare opportunity to acquire 2 heritage stone buildings rich in history and potential in the heart of historic Prescott and situated along the majestic St. Lawrence River, The first bldg - 237-239 King Street W., - 2,300 sq. ft. main floor building would be perfect for retail and/or office space. Possibilities for 237-239: one could separate the units into TWO & operate two businesses OR leave the space open and operate a retail or an outlet store OR have several artisans collaborate with individual spaces offering their products and as a result - a unique shopping experience! (create Fort Town Mews). The second floor offers 1,400 sq. ft of space for either retail, office or perhaps residential accommodations.There are numerous opportunities with this building. Repointing and restoration completed by Hubbard & Co. The building is structurally sound and could be restored further to accommodate the above suggested uses, with potential residential usage on the second & third floors. Circa 1850 (as per Prescott Promenades 2) The building has been taken down to the bare bones so renovating is actually more straightforward. Walls are exposed - a large portion of the hard work and expense has already been done. With the building being opened up, BLDG 2 (Water STreet Side) is similar to the King Street side. Exposed & ready to develop. Second floor can be residential units, while Main Floor can be commercial OR residential. Full basements under both buildings. Be on the ground floor as Prescott revitalizes their downtown core. Contact Prescott's Economic Development to take advantage of their Community Improvement Program & inquire about the grants & interest free loans that may be suitable for your project. Centrally located on the 401 corridor for easy commutes. 50 minutes from our Nation's Capital and 5 minutes to the Canada- USA International Bridge. 5 PINS - one price !!
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Major Highway, Recreation/Community Centre
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 237-239 KING Street W, Prescott, ON K0E 1T0
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About Purchasing a Home in Prescott, ON
For a property listed at $249,000 in Prescott, the legal minimum down payment is $12,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,215 for this transaction. As this listing is in Prescott (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,215.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.