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5204 King St, Beamsville, ON

Name: 5204 King St, For Sale in Beamsville - eXp Realty
Brand: Century 21 Heritage House LTD
SKU: X13641548
Price: 1800000 CAD

House

For Sale

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0013

MLS® X13641548

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 4445 sqft

Garage

Taxes $9,702

Days Active 5

Lot Size

Approx. Age

Avg. Price Per Sqft $404

MLS® Number X13641548

Property Address: 5204 King St, Beamsville, ON, L0R1B2

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional turnkey investment opportunity in the heart of Niagara's renowned wine country. This extensively renovated mixed-use property offers multiple income streams and outstanding upside potential for an owner/operator or investor. The current owner has extensively renovated the building, creating a boutique atmosphere that reflects the character and charm of this evolving destination. With the major improvements complete, the next owner can build on this strong foundation and take the opportunity to the next level. The property includes a well-established long-term restaurant tenant, a recently renovated one-bedroom detached home, and three second-floor residential units, including two one-bedroom apartments and a spacious two-bedroom apartment. The two one-bedroom units are connected and can function as a two-bedroom unit while maintaining separate living spaces. Two residential units currently operate as successful short-term rentals, while the owner occupies the two-bedroom unit. A new owner may continue the short-term rental model, expand operations, or convert the residential units to long-term rentals. Situated on a prominent corner lot surrounded by thriving businesses, the property features ample paved parking and access from two streets. Residents enjoy views of the Toronto skyline on clear days and are minutes from six wineries and destinations including The Watering Can and Bench. Beamsville is experiencing continued growth as one of Niagara's emerging lifestyle and tourism destinations. This location is well positioned to benefit from future appreciation and increased demand. Located close to wineries, restaurants, tourism and year-round attractions, this is a rare opportunity to acquire a versatile income-producing property with significant future potential. (id:58753)Show Description

MLS® NumberX13641548

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

HeatForced air, Natural gas

A/CFully air conditioned

Extras

Price History

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Top Secret

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$XXX,XXXList Price

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