Gale Company Realty Ltd. Brokerage
 
Personal, Honest and Professional Service!

4930 Highway #38 Harrowsmith ( Ontario, CA - K0H 1V0) Built

$339,900

GALE COMPANY REALTY LTD. BROKERAGE

Colin Weldon, BComm, CPA, CGA, Broker of Record/Owner Colin Weldon, BComm, CPA, CGA, Broker of Record/Owner 613-829-2020 (Office) 613-324-5616 (Cell) 613-688-1196 (Fax) Request More Info

  • THE building to own in town!
  • Type: Commercial
  • Style: Commercial
  • Size: 5,300 sq. ft. "Three full apartments!"
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 86ft x 180ft
  • Year Built: 1860 "Approximate"
  • Taxes: $3,066.00 (2017)
  • MLS ® #: 1113172

Description

Located in the heart of the quaint village of Harrowsmith (only 15 minutes north of Kingston!) and built in 1860, this approx 5300 sq ft solid brick building was constructed as a hotel and rooming house to accomodate travelers from Ottawa to Toronto and Kingston. Formerly a stagecoach in, "The Albion Hotel", this building opened as a popular bar, "Frosty Muggins" in 1978. It remained a bar until 2006 when its current owner renovated the building into a main floor retail store. There is a charming good-sized newly renovated second floor two bedroom apartment with 10 huge bright windows, newly remodeled kitchen, living room, dining room, dressing room and large four piece bath. The sun-filled, third floor, very spacious 2 bedroom "penthouse" apartment has an excellent view of the town, and offers 2 bedrooms, large living/dining room, eat-in kitchen, large walk-in closet, and laundry.
An additional separate space on the second floor with water and hydro could be a studio, work shop, or storage space.
Lovely side yard with privacy, fruit, lilac and shade trees.
This could be a great candidate for joint ownership, with each owner having their own private space, with the retail as additional income. Alternatively, purchase this building as an income property, with two residential, one retail, and a studio/storage space.

Extensive work completed under new owner includes: flooring, ceiling, roof, lighting, high efficiency furnace, rebuilt front porch (gorgeous!), HWT, water treatment, windows and many, many more items too numerous to list. (we have a list though so ask for it please!)

This is a great investment! Many possibilities. Zoning is 60% commercial and 40% residential. Large paved parking lot as well!


Attachments

Highlights

  • Restored heritage brick building built in 1860.
  • Restored and renovated over past 8 years
  • Busiest corner in Harrowsmith
  • Close to Kingston (15 minutes north) and 401
  • 5300 total square feet of which 1500 is office space, 2600 is retail on main floor and 1200 is a 2 bedroom apartment on 3rd floor
  • Potential revenues of approximately $40k for all 3 floors
P2#53730317
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Information is deemed to be correct but not guaranteed.

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