38 King St E
Clarington, L1C1R3
UNAVAILABLE
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Store With Apt/Office
CATEGORY2,275 Sq Ft
TOTAL AREAE5226845
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Property Description
Situated In The Busy Downtown Core, Excellent Investment Opportunity In Rapidly Growing Clarington. Building Excellent Condition, Rebuilt In 1993, New Roof & Heating Systems 2015. Per The Previous Lisitng."Two Units With Separately Metered Utilities. Parking In Rear For 4+ Vehicles. Sound Investment In High Growth Area.Main Floor Retail Space Has Operated As Dry Cleaner Since 1965.
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Extras
Long Term Tenant, Cliff Crest Cleaners. Initial Lease Term Is To July 4th 2022, With A Two-Year Renewal Option. Upper Office Space Lease Initial Term Is To November 30, 2021. Office Tenant Has Exercised Option To Renew
Property Details
Category
Store With Apt/Office
Zoning
C1-1
Total Area
2,275 Sq Ft
Office/Apartment Area
575 Sq Ft
Retail Area
1,700 Sq Ft
Lot Size
28' x 118'
Taxes
$8,798 (2020)
Parking Spaces
4
Air Conditioning
Yes
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Listing contracted with Re/Max Hallmark First Group Realty Ltd., Brokerage
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