314-316 King Street W

About this home

Own a piece of local history while investing in your future! Formerly home to the well-known Mary Kay Shoppe, this landmark mixed-use building is ready for its next chapter. Offering approximately 1,135 sq. ft. on each level, this versatile property combines prime commercial space on the main floor with a spacious residential apartment above, making it an exceptional opportunity for entrepreneurs, investors, or those dreaming of living where they work.The street-level commercial space offers excellent exposure & features a bright retail area, change rooms, office/storage space, & a bathroom, providing endless possibilities for a boutique, professional office, salon, specialty shop, or countless other business ventures.Upstairs, you'll find a bright & welcoming residential unit featuring a large screened-in porch, spacious eat-in kitchen, dining room, living room, bedroom, office, & bathroom. Whether you choose to live upstairs while operating your business below or generate rental income to help offset your mortgage, the flexibility of this property is hard to beat.Positioned in a high-traffic location beside RBC and directly across from the LCBO, your business will benefit from exceptional visibility and steady pedestrian and vehicle traffic. 3 dedicated parking spaces at the rear of the building provide added convenience for owners, staff, or tenants. With some vision & cosmetic updates, this property is ready to be transformed into something truly special. As the downtown core continues to experience revitalization and renewed investment, opportunities like this are becoming increasingly rare. Whether you're an investor, entrepreneur, or visionary looking to establish your business in a thriving community, this is your chance to secure a prominent location with unlimited potential. Don't just invest in real estate-invest in your future, your business, and a building with a story that's ready for its next successful chapter. BUILDING ONLY, NOT BUSINESS for sale!

Details

Type

Commercial Retail

Age

100+ years

Lot

22 × 136 ft

Garage

None

Property tax

$2,755 (2025)

Neighbourhood

808 - Prescott

Municipality

Prescott

Interior

Bathrooms

2 × bathroom

Heating, cooling and services

Heating

Baseboard

Air conditioning

Partial

Utilities

Yes

Building and exterior

Age

100+

Building area

2,270 Square Feet

More

Possession

Possession negotiable.

Cross street

King Street and George Street.

Business type

Retail Store Related