237-239 KING STREET W, Prescott

$249,000

For sale: Other

Other at 237-239 KING STREET W, Prescott
Property type
Commercial Retail
MLS®
MLS® X13226162
Neighbourhood
808 - Prescott

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 !!

Sold data

Homes in Prescott — recent sold market

Homes in Prescott took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 47, across 56 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $399,900.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$399,900
Sale-to-list ratio
96.4%
Sold above asking
14%

Based on 56 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Prescott

Prescott has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 3.8/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
3.8 / 10

Top-rated schools in Prescott

  • Maynard — elementaryFraser rating 5.4/10
  • South Grenville — secondaryFraser rating 4.5/10
  • St Mark — elementaryFraser rating 3.0/10
  • Wellington — elementaryFraser rating 2.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 237-239 KING STREET W