Mixed-Use
The Mill - Brockville - 123 Water Street
123 Water St W, Brockville, ON K6V 3M2
Listing Price: $2,000,000
Investment Overview
Beautiful 3-storey 11,000 sq ft stone building on the waterfront in picturesque Brockville. Owner-operated operated as a fully licensed 300 seat restaurant and wedding venue? with enormous potential for an investor-owner or owner-operator. Landmark property built in 1852, fully restored in the mid-1980s, 24 car parking and two fully accessible entries, bars and washrooms on all floors. Projected Rent of $12 psf NNN, NOI of projected NOI $132,000, and a projected CAP Rate 6.6%.
The Mill - Brockville - 123 Water Street
Investment Highlights
- Three-storey, 11,000 sq ft stone building on the waterfront in picturesque Brockville?. Fully licensed 300 seat restaurant and wedding venue?. Landmark property built in 1852 restored in the 1980s
- Two parking lots, accessible entry ramp to main floor & lower level unit with direct entry? Fire alarmed & sprinklered, upgraded HVAC, 3-phase electrical, 1" gas service
- Ample land to add a large patio with waterfront views? 3rd fl wedding venue with separate entry may be converted to residential use? 0.322 Acre Parcel, Commercial Mixed Used Downtown Zoning (MD)
Exclusively Listed By
Listing Price: $2,000,000
Investment Highlights
- Three-storey, 11,000 sq ft stone building on the waterfront in picturesque Brockville?. Fully licensed 300 seat restaurant and wedding venue?. Landmark property built in 1852 restored in the 1980s
- Two parking lots, accessible entry ramp to main floor & lower level unit with direct entry? Fire alarmed & sprinklered, upgraded HVAC, 3-phase electrical, 1" gas service
- Ample land to add a large patio with waterfront views? 3rd fl wedding venue with separate entry may be converted to residential use? 0.322 Acre Parcel, Commercial Mixed Used Downtown Zoning (MD)
Investment Overview
Beautiful 3-storey 11,000 sq ft stone building on the waterfront in picturesque Brockville. Owner-operated operated as a fully licensed 300 seat restaurant and wedding venue? with enormous potential for an investor-owner or owner-operator. Landmark property built in 1852, fully restored in the mid-1980s, 24 car parking and two fully accessible entries, bars and washrooms on all floors. Projected Rent of $12 psf NNN, NOI of projected NOI $132,000, and a projected CAP Rate 6.6%.
Exclusively Listed By
