Skip to main content

Mixed-Use

The Mill - Brockville - 123 Water Street

123 Water St W, Brockville, ON K6V 3M2

Listing Price: $2,000,000

Cap Rate
6.60%
Gross SF
11,000
Rentable SF
11,000
Price/Gross SF
$181.82
Lot Size
0.32 acres
Year Built
1852

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%.

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

Mixed-Use

The Mill - Brockville - 123 Water Street

Listing Price: $2,000,000

Cap Rate
6.60%
Gross SF
11,000
Rentable SF
11,000
Price/Gross SF
$181.82
Lot Size
0.32 acres
Year Built
1852

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

MM Texture Background
MM Textured Background Lower